The news for homeowners keeps getting better. Wells Fargo Bank and Insurer QBE will settle claims that they inflated premiums for ‘force-placed’ insurance. A little cash never hurt anyone.
Read Charles Elmore’s Miami Herald article here:
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Presented by Miami Real Estate Attorney
You might hear investors use terms like “hairy” to describe a “complicated” transaction. Or they might say, that one has a lot of warts on it. Well, event those that are hairy, have warts, are snaggle-toothed, and blind in one eye are attractive to cash buyers. Cash-wielding investors are dominating the market for distressed homes… Continue Reading
Home flippers got a bad name during the housing boom. They sold properties for big profits in days or weeks, and the rapid price appreciation created a frenzy that led to the eventual bust. That was then. Now, we owe part of the recovery to them. Read Paul Owners’ Sun Sentinel article here: http://sunsent.nl/13BnnC8 -… Continue Reading
Better value than Midtown, if you don’t mind the neighborhood. Let’s face it, Edgewater isn’t exactly Coco Plum. And although it has bayviews, Coconut Grove, it ain’t! Property values are exploding and skyscrapers are rising in Edgewater, located at the intersection of funky and trendy. It’s the latest sign of a recharged real estate market. … Continue Reading
Commissioners also gave preliminary OK to expanding the zones where murals can be hung – despite protests from federal regulators over some existing Miami murals. Read Charles Rabin’s Miami Herald article here: http://hrld.us/13nbLmf – Presented by Miami Real Estate Attorney… Continue Reading
Apartments in the new, 43-story 1080 Brickell tower are on sale. That is, if by “sale” you mean another luxury condo at prices juiced by foreign cash buyers. This beauty will be the product of a Spanish investment group who purchased the site for the proposed 328-unit building on Miami’s Brickell Avenue about a year… Continue Reading