Tag Archives | Bank Owned Condos

$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

Where Have All the Condos Gone…Long Time Passing?

Top 25 Pre-foreclosure Short Sales Condo Buildings in Miami, Florida

January 5th, 2009

2008 is in the books. Whew!! So what are the statistics about the condos for sale in Miami- Dade county?

  • Total Housing Units in Miami-Dade county – 1,000,000 100%
  • Total Condos for Sale in MLS – 22,247 2.2%
  • Total Short Sale Condos in MLS – 6,524 .6%
  • Total Short Sale Condos in Miami- 1,024 .1%

Short Sale Miami condos are often foreclosed … Read More