Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Miami Lakes : Real Estate Advice

  • All99
  • Local Info12
  • Home Buying18
  • Home Selling2
  • Market Conditions3

Activity 49
Thu Mar 9, 2017
Jo Ann asked:
She just lost her home & husband 2 years ago and has 2 older teenage children. They also have a small dog! She has worked for over 20 years with the same company. She has been renting…
0 votes 0 Answers Share Flag
Thu Jun 11, 2015
Alexiskanee answered:
Your lender will insist that you have title insurance that insures the lender and you will be charged for this insurance.

You should also have title insurance that protects your investment outside of the lenders title insurance. When both title policies are bought from the same insurer, there is usually a discount as there is most likely some duplication between the policies. So it's probably to your advantage to go with the title insurer your lender is using. And your title company or attorney can set up title insurance for you.

More than ever it's vital for homeowners to buy title insurance as so many homes are now foreclosures and short sales and there have been some questionable practices done regarding these homes. So if there is ever an issue with the title, your insurer and not you will have to pay up.

Reference link: http://titlecompanies.net/
... more
1 vote 9 answers Share Flag
Thu Apr 9, 2015
Annette Lawrence answered:
Jeannie, there are two national sources of auctions that are well known. They are:
Auction.com and Hubzu.com. As a new agent, you should avoid Auction.com

Be aware their are many other auctions available on a local or regional basis. Unfortunately, you will need to be on HIGH ALERT because the terms and conditions of every auction, and the situation of the real estate is different.. You have to start somewhere, and just like most of us here, you can figure it out but you must invest the time and REAL Everything.

Set up an account on Hubzu and Auction and read the terms of use and actually register for an auction (don't bid) so you can get the documents revealing the terms and conditions. READ THEM.

Go to local and government auctions, and register. You will receive the terms and conditions as a result. READ THEM.

Now, as a new agent, use the published auction schedule in for advertising. This is a good place to start as you create your bread and butter market strategies.

WARNING! WARNING! WARNING!
Make certain you understand how you will be paid in each auctioned property. Sometimes, you will find the buyer must pay you directly. If you don't cover this issues at the start, you WILL end up working for FREE. That is not a good start. READ EVERYTHING.
... more
0 votes 3 answers Share Flag
Tue Feb 24, 2015
vittvit answered:
Mon Sep 15, 2014
Mangquell Castorena answered:
Without more details, it will be impossible to give an answer. My suggestion to you would be to buy in one of the other condo infused areas of Miami. There are some great deals to be had in this market. If this is an option you want to try, give us the opportunity to wow you with a selection of on the market and off the market residences.
Manny Hayes........786-412-9130 mobile
305-652-9343 office
... more
0 votes 6 answers Share Flag
Wed Jun 25, 2014
Stephanie Leon answered:
Without knowing the facts it is hard for any of us to really answer your question.

Try contacting the association directly and see if they can provide you a letter explaining why you were denied.

Some associations are strict and so not allow non owner-occupied units meaning no investors.

For future reference you should try pre-screening the association. If you are working with a buyers agent they should know what to questions to ask to pre-screen the HOA and save you time and money.
... more
0 votes 6 answers Share Flag
Wed Jun 25, 2014
Stephanie Leon answered:
Condo typically have the right of refusal.

If you were denied then they should of provide you a reason if not try contacting them to request an refusal letter of explanation.

What association were you interested in?


Stephanie Leon
Real Estate Broker
Realty Empire

786-664-7710
info@stephanieleon.net
... more
0 votes 2 answers Share Flag
Wed Jun 25, 2014
Stephanie Leon answered:
Are you working with a Realtor? Working with a Realtor can save you time and money when dealing with HOA's.

But to answer your question yes you would be out your application fee if denied.

The best way about this is to prescreen the HOA and see if you meet all the criteria they are looking for.

If you need help in Miami Lakes I would be happy to assist. I am Real Estate Broker in Miami Lakes and can further assist you should you need it.

Stephanie Leon
Realty Empire

786-664-7710
... more
0 votes 2 answers Share Flag
Mon Mar 24, 2014
Carol Kotkin answered:
Another website is socialserve.com Hope this helps
0 votes 3 answers Share Flag
Thu Jan 30, 2014
Erica922 answered:
Living in Miami lakes for 13 yrs
0 votes 3 answers Share Flag
Tue Jan 7, 2014
Stephanie Leon answered:
What would you like to know about this property?

Feel free to contact me for all your Miami Lakes Real Estate needs.

info@stephanieleon.net
0 votes 1 answer Share Flag
Sun Oct 13, 2013
michael answered:
Mann ,

Describe what your looking for: Price ;location: period of time :financing ?
US Citizen? What is your business in Miami ?

I can help !

Michael Correra
Sales Associate
Florida Real Estate Instructor
Piquet Realty
305-992-9084
Michael@piquetrealty.com
... more
0 votes 3 answers Share Flag
Sun Oct 13, 2013
michael answered:
.Dear Mari Lago,

I assume she is looking to buy as a 2nd home .If she has good income and has most of the $35k to invest ,she surely can afford a property more than $60k which is a better way to go for the best value.

There are some good foreclosure properties in the different zip codes at the $150 k-$250k range.
Most lenders will want at least a 20%-40% downpayment for an investment property
,but the HomePath Program has only a 10% downpayment and sellers contribution up to 6%... a great deal . So the down payment could be as little as $15k to $25k . I am a HomePath Agent and have experience navigating the procedures etc.


If interested in finding out more contact me.


Michael Correra
Sales Associate
Florida Real Estate Instructor
Piquet Realty
305-992-9084
Michael@piquetrealty.com
... more
0 votes 3 answers Share Flag
Mon Sep 9, 2013
Stephanie Leon answered:
Hi Odalys,

I specialize in the Miami Lakes area and should you need assistance feel free to contact me to discuss your real estate needs.

As for your questions

For recent sales of Single-Family homes in the Miami Lakes area is:

AVG $141 per sq ft
HIGH $183 per sq ft
LOW $118 per sq ft


Please keep in mind this is just the market snap shot. Each property is specific to its own personal attributes that will effect its value.





Stephanie Leon
Lic. Real Estate Broker
Realty Empire


Contact me:
Ph: 786-664-7710
Email: info@realtyempire.net
Personal URL: www.SLeonRealtor.com
Company URL: www.RealtyEmpire.net
... more
0 votes 2 answers Share Flag
Thu Aug 15, 2013
Stephanie Leon answered:
You have to let your social worker know your situation so they can file an extension for you. They will extend you but you have to ask and let them know you are unable to find a property.

Here is a website for section 8 landlords to post their property for rent.

http://www.gosection8.com/

Good Luck!
... more
0 votes 3 answers Share Flag
Thu May 23, 2013
Stephanie Leon answered:
Hi Ricardo,

I just wanted to follow up and see how your search turned out were you able to find a property?
0 votes 4 answers Share Flag
Thu May 2, 2013
Stephanie Leon answered:
Ann is right. Cash buyers will win every time at that price point. I don't want to discourage your dream of buying but it is the truth. Sorry...
0 votes 2 answers Share Flag
1 2 3
Search Advice
Search

Followers

240