Tag Archives | Bank Owned Condos

Miami-Dade County Condo Prices Rise to $282.00 Average per SqFt

Miami, Florida
May 20th, 2010

Miami-Dade County Condo Prices Rise to $282.00 Average per SqFt

Bank owned foreclosures are often the best opportunity to purchase Miami condos. Bank owned condos, are sometimes referred to as foreclosure, Real Estate Owned or REO.

Visit Miami Foreclosure Bank Owned Condos for a list of available Miami bank owned condos for investment as of May 20th, 2010. Please note that they are in order by city and their availability … Read More

Miami Condos Smart Home Energy Monitoring Equipment

Miami Condos Smart Home Energy Monitoring Equipment

Miami condo consumers’ energy use is changing. New smart home energy monitoring equipment can provide a near real-time snapshot of energy usage. With this information in hand, condo owners are altering their energy-using behavior and becoming more energy efficient. Studies have shown that savings range from 10% to 20% when consumers are able to monitor electricity usage in real time.

Most home energy monitoring equipment consist of two … Read More

Miami-Dade County Condo Prices Hit Bottom?

Miami, Florida
December 10, 2009

Miami Condo price averages bottomed in April 2009 at $176.00 per square foot, and have risen for the past seven months. The affordability of housing has increased dramatically and this has become good news for investors and first time buyers alike!

The quarterly average price per square foot has dropped dramatically over the last fifteen months. We have compared the first three months (9/2008 – 11/2008) average of $242.00 to … Read More

Everglades on the Bay enters Bankruptcy

The twin-towered Everglades on the Bay project at 244 Biscayne Blvd in Downtown Miami has entered Chapter 11 bankruptcy protection.

Bank of America made the original $256 million construction loan and is listed as a creditor with no amount shown.

The largest unsecured creditors are Gryphon Construction and Holly Sime Realty. Both claims are listed as disputed.

According to MiamiCondoLifestyle.com, Everglades on the Bay had closed 87 units as of August 3rd, 2009 which … Read More

$8,000 Tax Credit May Be Used As Down Payment

$8,000 Tax Credit May Be Used As Down Payment

If you’re thinking about making a home purchase to take advantage of the depressed South Florida real estate market, the federal government might be able to help you get started with your purchase.

On Tuesday, Shaun Donovan, Secretary of Housing And Urban Development, said that the Federal Housing Administration (FHA) informed lenders to allow first-time home buyers to use an $8,000 tax credit as a down … Read More

Best Deals on Miami Foreclosure Condos

Best Deals on Foreclosure & Bank Owned Condos in Miami & Miami Beach, Florida

May 14th, 2009

Bank owned foreclosures are often the best opportunity to purchase Miami condos. Bank owned condos, are sometimes referred to as foreclosure, Real Estate Owned or REO.

Here is a list of the Top 8 Best Deals in the Miami condo market right now.

We are starting to see multiple offers on these; so please move quickly if you … Read More

Best Bank Owned Deals In Miami

Foreclosure & Bank Owned Condos Best Deals in Miami Beach & Miami, Florida

May 4th, 2009

Bank owned foreclosures are often the best opportunity to purchase Miami condos. Bank owned condos, are sometimes referred to as foreclosure, Real Estate Owned or REO.

Please note: We have several highly-skilled Mortgage Lenders who can get financing even in financially “stressed” buildings!

Here is a list of the Top 7 Best Deals in the Miami condo market.

Top

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Foreclosure & Bank Owned Condos in Miami & Miami Beach, Florida

April 8th, 2009

Bank owned foreclosures are often the best opportunity to purchase Miami condos. Bank owned condos, are sometimes referred to as foreclosure, Real Estate Owned or REO.

Here is a list of available Miami bank owned condos for investment that have come on the market between April 5th,2009 and April 8th, 2009. Just six (6) new listings…Please note that the prices per square foot.

We are starting to see multiple offers on these; … Read More