The age old adage "buyer beware" has been turned upside down in South Florida. These days it's "seller beware". For the many thousands of homeowners who find themselves upside down in their mortgages and unable to either keep up their payments or sell their homes, the scammers have come out en
...
04/13/2009
Coral Gables Active Listings - 601 (same as last month) 238 are "luxury listings" (ie over $1,500,000) (same as last month) 48 are short sales (same as last month) 15 are foreclosures (same as last month) Median List Price - $996,000 (same as last month) Coral Gables Pending
...
04/07/2009
Coconut Grove Active Listings -287 (same as last month) 86 are "luxury listings" (ie over $1,500,000) - (same as last month) 36 are short sales (same as last month) 14 are foreclosures (same as last month) Median List Price - $899,500 (same as last month) Coconut Grove Pending
...
04/07/2009
Horse theft is an age old problem, but the type we are experiencing here in Miami is not the what you'd expect. Horses are being stolen for their meat and hides! Pinto horses are especially sought after, I've heard the hides bring $500. When I wrote a blog two years ago about a stolen Pinto, i
...
04/03/2009
If you are looking for mortgage updates for luxury real estate in South Florida, you should visit Juicy Estates ! Created by James R. Venney, a top producing Private Mortgage Banker in the South East, Juicy Estates is a community built on passion.From exquisite homes that populate South Florid
...
03/21/2009
As most of you know my work is focused almost exclusively on providing financing for luxury homes and therefore first time home buyers are not my area of expertise but I am aware that many will have questions regarding the new Tax Credit that is being signed into effect today by President Obama
...
03/21/2009
Please help spread the word! Remembering Christina... After battling Ovarian Cancer and three brain tumors, Christina past away last evening. Her battle was long and hard, and she never gave up living and smiling. The people who's lives she touched knows her determination and love for all
...
03/19/2009
Miami has much to offer for those who like to live life well; award winning beaches, amazing nightlife and year round sun are just the beginning of a very long list of "Miami's Best". A beautiful home is often the keystone of a life well lived and America's elite know that Miami is just the plac
...
03/19/2009
As an attorney I often consult with homeowners that are in distress along with the Realtors that represent them in trying to accomplish a short sale. Often a detailed explanation of the foreclosure process would be very worth while for my client to have a thorough understanding of what they ma
...
03/19/2009
Whether to agree to a negotiated promissory note in a short sale or allow the house to go to foreclosure is one of the most discussed topics around. It deserves a simple comparison. My previous article on this subject can be found at Negotiated Payback or Foreclosure Judgment Deficiency? Compa
...
03/19/2009