Anthony Criscito's (thecriscitos) Blog

For more information go to www.BuyMiami.net Q: I am in the process of selling my home through a short sale and have been told that no bank will give me a new loan because of this. I need to purchase a less-expensive home and don't want to rent and keep bouncing my family around. Is there any bank...

For more information go to www.BuyMiami.net (MIAMI BEACH, FL) -- Nineteen bidders, each clutching $75,000 deposit checks, vied for Fairway Village, a bankrupt 118-unit South Beach condo conversion that was sold for $6.2 million or $53,000 per unit - nearly half of its original purchase price.A ne...

For more information go to www.BuyMiami.net The days of banks delaying the foreclosure process to avoid financial responsibility for distressed residential properties may be coming to an end. In a "reverse foreclosure," a Miami-Dade Circuit Court judge has forced a bank to take title to a propert...

For more information go to www.BuyMiami.net Florida is set to be one of the bargain hotspots of 2010 for real estate investors with some properties selling for as little as $47 a square foot, according to a new report.As the global recession eases and the recovery begins, experts are forecasting ...

For more information go to www.BuyMiami.net While the Miami real estate market continues to be impacted by economic uncertainty, a recent mini boom in short sales has started to propel the residential market forward. Condominium units are starting to sell as investors take advantage of bargain ba...

For more information go to www.BuyMiami.netFor our list of cities with the fastest-falling home prices, we used Altos Research's January market update, which looks at asking prices, inventory and days on the market single-family homes--but not condominiums--in 27 of the country's closely watched ...

For more information go to www.BuyMiami.net The number of properties heading to the market may be much larger than anyone thought and appears likely to swamp South Florida with more deeply discounted homes, clouding the prospects for a housing recovery.Figures from the Florida Association of Real...

For more information go to www.BuyMiami.netThey're out there, again, constantly searching for and scooping up South Florida homes at steep discounts, hoping to turn a nice profit. A house might barely have time to get listed before it's gone - that is, before it's back on the market a few months ...

For more information go to www.BuyMiami.netFinancially stressed homeowners left hanging while their banks consider whether to approve the short sales of their properties may benefit from new federal guidelines that give lenders a 10-day limit in which to respond to purchase offers.The rules from ...

For more information go to www.BuyMiami.netMIAMI -- In a move that could speed the sale of massive numbers of distressed properties on the market, Miami-Dade County officially launched online bidding for foreclosures Monday, bringing together bidders from across the globe and launching hopes of a...