Those of you who have gone house shopping lately have seen it. A house looks beautiful or just “perfect” on the outside but once you go inside some $%^$$&$@ has decided to take a sledgehammer to the walls or even yank out the air conditioner or take a blow-torch to the wood floors. This sort of behavior really gives the human race a bad name. I mean seriously just because you can’t make the payments or keep on top of finances why should the property suffer? Let’s get a grip or get a punching bag to take out all that angst and stop destroying property.

Did you know that some banks will even work with people to NOT destroy the property? I realize it must hurt to see a property slip through your fingers but the “if I can’t have it no one can” mentality never helped anyone! Rant over… feel free to flame me if you must but you know I’m right..

We’ve all read about it in the papers or heard about it on the news but when does it feel real?  When do you have a closer perspective on the bad thing that is foreclosure?  Other than first hand its when places in your neighborhood start to fall.  Just the other day our HOA here let me know that over 20 homes in our development were under foreclosure.  20!  In a community with about 400+ units… That’s about 5% in a condo location in Miami. 

Yes, Miami has been hit hard.  Good luck selling property these days and getting a good return.  It will take patience, a little luck, and a great realtor.  As an observe of this whole mess I can only wonder where the bottom is.  It’s times like this when I can’t help but look at the irresponsiblity of it all and I’m not just talking about buyers but about society in general.  How many times did you or someone you know see yet another episode of “flip that house…” or some other show that just made people feel like the Gold rush was on?  And now we stare in the face the result of that market…

For now I wish all those facing foreclosure the best as society rides this wave in search of an upswing.  Until that time we’ll do our best to bring helpful tips and information to the community.

http://www.995hope.org/

We came across this site recently and it has some great resources and ideas to help you from becoming another failed homeowner statistic.  Give it a try or call them at 1-888-995-4673.

 
Boulevard Condos
From: $300,000
Miami Design District
Est. Completion: October 2007
Units: 127

The Boulevard will be the first luxury boutique condominium located on Miami’s Biscayne Boulevard.

500 Brickell
From: $280,000
Brickell
Est. Completion: 2007
Units: 633

500 Brickell sits on the edge of downtown Miami and the world renowned Brickell Avenue. At the center of everything that makes this metropolis a diverse and successful city, your new home offers the perfect balance between work and life.
444 Brickell Ave # P2
Miami, FL 33131
(305) 379-5055

Dec 8th - there’s a huge garage sale in Homestead,Florida at 11111 Quail Roost Drive - from 10am- 3pm. For more information please call 305 253-6668

From the wonderful people at EWM - we have two great realtors we would love to recommend.

wheeler.g@ewm.com or ellis.s@ewm.com

Very nice and wonderful ladies. Try them and let me know how it goes.

Right now we are in a Soft market in South Florida - which mean it’s a buyers market - Below is a bit more information if you are looking for something in South Florida.. Good luck and good hunting!!! 

 The area is made up of 36 municipalities: Aventura, Bal Harbour, Coral Gables, Fairlawn, Flagami, Hialeah, Homestead, Islandia, Kendall , Key Biscayne, Medley, Miami Beach, Miami Lakes, Miami Shores, Miami Springs, North Bay Village, North Miami, North Miami Beach, Opa-Locka, Pinecrest, Sunny Isles, Sweetwater and West Miami.

Immigration from other countries and from other U.S. states has fueled the population growth of Miami and the subsequent Miami condo boom. Foreign Investment has for decades been an important factor in Miami real estate and the South Florida economy. A melting pot, Miami is highly influenced by its Hispanic immigrants and foreign business.

Referred to as the “Capital Of the Americas,” the city is a international financial and cultural center. Located centrally between the Western U.S., New York, South and Central America, and Europe, the city is linked not only linguistically and culturally to major western cities, it is also geographically positioned as the hub of the western hemisphere.

Hello,

If you are located in South Florida and you need storage because your moving or just need more space.  She’ll give you the best deal in town - she helped us out here at property low down.

You can call email Monica at mrimada@extraspace.com

Florida’s foreclosure rate was the third highest in the United States in October, while the number of actual foreclosures took the second spot, according to the latest numbers from RealtyTrac.

The Sunshine State reported 30,190 foreclosure filings for the month, or one foreclosure filing for every 273 households, says RealtyTrac’s monthly U.S. Foreclosure Market Report. That was 9 percent less than September, but still up nearly 165 percent from October 2006. Florida trailed only California in total filings for the month, which notched 50,401, while Nevada and California took the top two spots for the highest October foreclosure rates nationwide.

The nation overall reported a total of 224,451 foreclosure filings, which include default notices, auction sale notices and bank repossessions. That was a 2 percent increase from September 2007 and 94 percent rise from October 2006. The national foreclosure rate for the month was one foreclosure filing for every 555 households.

RealtyTrac publishes one of the largest and most comprehensive national database of foreclosure and bank-owned properties, with more than 1 million properties from nearly 2,500 counties across the country. The firm is the foreclosure data provider to MSN Real Estate, Yahoo! Real Estate and The Wall Street Journal’s Real Estate Journal.