Miami condo and home foreclosures must allow ninety day notice to tenants prior to eviction, according to the Helping Families Save Their Homes Act of 2009. The details may be discussed in a later post, but tenants need to speak with a real estate attorney to be sure that they were given proper notices, and what their rights [...]
Filed under Miami Florida Foreclosure, Miami Real Estate News by 
Short sales of Miami condos and homes are often a great way for a buyer to get an excellent deal on a property and a seller to get out from under an upside down mortgage with hopefully less damage to credit and his or her pocketbook. This is the eighth of several blog entries, in [...]
Filed under Miami Beach Short Sales, Miami Real Estate News by
Short sales of Miami condos and homes are often a great way for a buyer to get an excellent deal on a property and a seller to get out from under an upside down mortgage with hopefully less damage to credit and his or her pocketbook. This is the fifth of several blog entries, in [...]
Filed under Miami Beach Short Sales, Miami Real Estate News by
Short sales of Miami condos and homes are often a great way for a buyer to get an excellent deal on a property and a seller to get out from under an upside down mortgage with hopefully less damage to credit and his or her pocketbook. This is the second of several blog entries, in [...]
Filed under Miami Beach Short Sales, Miami Real Estate News by
Miami Condo and home reverse mortgages are one of the recent targets of fraud schemes in the Florida real estate arena. Reverse mortgages, whether on a Miami Condo or home anywhere in Florida or the United States, by definition allow senior property owners (defined as age 62 years or older) to borrow against the equity in their homes without the [...]
Filed under Miami Real Estate News, Real Estate Law Tips by
Miami condo and home buyers, sellers and owners were recently given some protection and education when recent laws were passed by the Florida Legislature to help educate and inform Florida residents about fraudulent foreclosure rescue and avoidance schemes. A recent article byJ. B. Davis of Attorneys Title Insurance Fund, Inc., describes, in part, the basics of the [...]
Filed under Miami Florida Foreclosure, Miami Real Estate News by
United States Congress, in February 2009, altered the first time Miami condo and home buyer tax credit, making it $8,000.00, and eliminating the repayment requirement. First time Miami condo and home buyers can take advantage of this primary residence tax credit through December 1, 2009. Unless Congress votes to extend the program, buyers need to [...]
Filed under Miami Real Estate News, Real Estate Law Tips by
The National Association of Realtors has been fighting for several years to keep federally regulated banks out of the real estate brokerage and management business. They succeeded with the 2009 Omnibus Appropriations Act signed by President Barak Obama. The legislation will keep banks from gaining an anti-competitive advantage in the industry, wherein they already actively [...]
Filed under Miami Real Estate News, Miami Title Insurance by
Florida Department of Revenue Form DR-430 is now a requirement when transferring ownership or control of the entity, such as a corporation or partnership, (rather than the usual title deed) holding fee title to the non-homestead Florida real estate property, whether in Miami-Dade County or other Florida County. The time frame for filing the DR-430 is not [...]
Filed under Miami Real Estate News, Real Estate Law Tips by
Rates on 30-year mortgages dropped slightly and remain just above record lows. Mortgage finance giant Freddie Mac said this past week that average rates on 30-year fixed-rate mortgages fell to 4.82 percent this week, down from an average of 4.87 percent last week. According the the Florida Association of Realtors, the all-time low of 4.78 [...]
Filed under Miami Beach Short Sales, Miami Real Estate News by