Real Estate Miami

Seller's motivation and competitionREO properties are usually sold at a price that is below their worth, as the bank or financial institution is anxious to sell them as soon as possible to recoup losses from the foreclosure. However, the opportunity to pick up a bargain, and the fact that REOs a...

Every new home has its special features. The ones that require homeowner operation will require that you know how to use them properly. If it is not obvious how a feature works, ask. Ask where the owner's manuals are and if there aren't any, make sure you know how to operate everything, as you ma...

Everybody loves a bargain. You are ready to buy a house, but you want to feel you got the best deal for your money. You want people to admire your business acumen. Pre-qualify for your purchase As you begin your search, put yourself in a position to act quickly and decisively by getting pre-quali...

A home renovation requires planning and patience. Kitchen renovations need background planning A complete kitchen renovation includes replacing all appliances, cabinets and counters, tiling the backsplash and installing floors. Expect it to take from three to six months, from start to finish. Any...

Like most business transactions,  the final terms of real estate listings and sales are open to  negotiation by all the parties involved.  Prospective home sellers might push for a lower commission rate in the listing contract because they feel their house will be a quick sale and require less ef...

Government to the rescue Luckily, the US government has recognized the catch-22 situation this presents to a potential homebuyer, and has established a loan program through the Department of Housing and Urban Development (HUD) that can help you. The loan program grants a 203(k) loan, which is ins...

Overpriced homes The main reason why a house doesn't sell is because of the seller's inflated asking price. Potential buyers skip over these overpriced homes in favor of more competitively priced homes. Buyers often don't even think of making an offer on these overpriced homes. They assume that t...

There is a map through the mortgage maze: It's called the Good Faith Estimate and it got a truthfulness makeover earlier this year, courtesy of the federal government.Mortgage lenders have provided their own versions of Good Faith Estimates – which are intended to provide a ballpark of closing co...

Large inventories of homes available Because of the vast amount of home foreclosures that occurred during 2008-2010, there is a large inventory of available houses on the market. Your choice when making a purchase is unlimited and negotiating a good price is much easier. Sellers are looking to un...

Are you interested in purchasing a mobile home? Also known as a caravan or a trailer, a mobile home is a popular option for a homeowner wishing to avoid large down payments, expensive maintenance costs, monthly mortgage payments and high property taxes. If bad credit ratings are preventing you fr...