Typically agents who specialize in short sales and foreclosures will include it somewhere in their profile or website. There are also designations for short sale/REO specialists who have completed classes covering those types of transactions.
You can also search on Trulia. Go up to the top where it says "Find a Pro" and enter your location and keywords. For example, I just searched Miami Beach, FL and found Marc Middleton who lists Short Sales and REOs as his specialities. He has 15 recommendations, which is good.
Here is the link:
I don't know Marc, so I can't personally recommend him, but I just wanted to show you that there are ways to find agents who specialize in what you are looking for.
Good luck!... more
I will be listing a 3/2 very soon for around that price, the only issue may be that it is located across cemetery. If the location does not present a problem for you please feel free to contact me via my profile.... more
Awesome question! This is a subject that fits into a category I like to call the "heavy lifting". Short answer is, start by contacting a qualified attorney that specializes in these matters.
The reality of the situation is that there will be much work associated with this process and it will be costly, and....time consuming. Please understand that there are also important variables that will come to bear. Why did this association get dropped? We all know there was a major review of HUD approved list associations and multitudes were relieved of their approvals and often because of good reasons that are intended to protect borrowers. [and who else? you guessed it- lenders, who then will sell those new mortgages to Fannie Mae- the cycle continues] But I digress.
Are you a purchaser or an owner? A purchaser might have fallen in love with the home and would be seeking placement of conforming loan financing. An owner may be refinancing or trying to sell and finding out the bad news. All of these situations are worthy of our best attention.
Cash reserves- Does the association meet the standards?
History- Is there a record of fiscal responsibility?
Complications- Have special assessments for needed improvements pushed the finances of the association over the margins of viability?
High foreclosure rate- non payment by owners no longer honoring their obligations?
The entire matter must be examined by quality professionals for viability to re-qualify. Our offices have been through this before and been successful in myriad situations.
Big job, choose your battles wisely. Let us know if you would like more help.... more
This property is available. It has been on the market for 15 days.
If you like to obtain additional information or would like to discuss, please feel free to contact me.
Pablo Torres, MBA
AF Realty, LLC
It should be 3 years after all the proceedings were finalized. But it also only effects whoever was on the mortgage, so for example if your wife was not on it she would be able to buy. But no worries, millions and millions of people are in the same situation. You'll be able to buy in no time!
Real Estate Consultant for EWM
Typically a lease is for a set price and time (For example $1000 a month for 12 months) and would require notice to move out and penalties for early cancellation to either party.
Whereas month to month is where either party can cancel the agreement with a 30 day written notice.
You will most often see the rental start off as a "Lease" and at the end if neither party gives notice, it automatically goes to a month to month.
Rarely will it start month to month unless someone is doing a roommate situation, renting a basement/garage or if someone is just looking for short term as in when a house is for sale.
Hope this helps,
Cassandra Bickel, REALTOR... more
I can speak in reference to my particular market which is South Florida. There really is no specific rule to pre-determine the number of occupants in a unit. However, generally the practice is that its two persons per bedroom. There may also be condo rules / regulations in place which may govern occupancy. Overall this should be covered between the landlord and their real estate professional. However, both parties should take the utmost care to not infringe on a protected class such as families when putting listings on the open market.... more
According to prognosticators in our industry, the next downturn is not due until around 2020. As real estate agents, we tend to follow the trends, rather than predict them.
During the past year, we've watched housing prices in the area make gains from 9% to 27%. Prices increases of homes in Miami are close to the top of those numbers.
Home prices in Miami, as well as in most of the hot markets around the nation, are likely to increase with inflation, even if the market cools down a bit. However, unless more inventory comes into the market to meet the demand for homes, prices are likely to remain high based on the limited supply.
Typically, a six month supply of Miami homes equals equilibrium in the market. Right now, supplies stand at 4 months or fewer. In addition, large numbers of investors from all over the world feel that the United States is a safe haven for their cash.
Real estate, at the moment, is providing higher rates of return than just about anything else. Also, real estate is an investment that most people can easily comprehend.
So, for the moment, the Miami housing market is likely to remain hot, and prices do not appear to be headed down anytime in the near future.
Marc Jablon, The Jablon Team
RE/MAX Complete Solutions
To find prices of currently available homes in Miami, go to:... more
Geodesic Dome House the view is Fantastic. (360 grades) No always at time of sale like to buyers. Last for ever in the market for sale. No too big some of them. Where you are thinking to do it.... more