Investing Your IRA in Miami Real Estate Could Be A Big Winner for Pre-Retirees - 04/28/11 07:38 AM
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An IRA is like retirement insurance, so why would you want to gamble your retirement insurance by investing in real estate? Because in these days and times, it is harder to find an investment that will actually make your money grow. One of the ways you can greatly increase your IRA over time is with IRA real estate investing. But don't just plunge in at the deep end. Take your time to learn what you're doing.
What About The Taxes?
One of the things you might have heard about IRA investing in real estate is that you have to pay … (0 comments)

Q and A: My mortgage is $190,000, selling home for $170,000. Don’t want a short sale; no cash to close. What are options? - 04/27/11 09:18 AM
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Unless the buyer is willing to purchase your home for the mortgage balance of $190,000 in addition to paying title and seller fees that are incurred when a property owner sells a property you don't have many options if any at all. Of course if you have a second property that has equity you can borrow against to obtain the cash you need to close or simply take out a personal loan. I suggest you speak with a Realtor if you don't already have one better yet if you do I'd still speak with a real estate professional. Selling a home … (0 comments)

Q&A: I'm a foreigner and i want to buy an apartment in Miami. It is legally permitted? - 04/26/11 09:33 AM
In the United States there are very few restrictions on international real estate investors, buyers, or sellers. The only exceptions concern national security, hostile countries, purchase or control of federal lands, and purchasing a business in a sensitive category.
As an international investor (foreign national) you may take title to real estate in your own name, in the name of a domestic corporation, foreign corporation, a limited partnership, a limited liability company, a joint venture, a real estate investment trust (REIT), or a foreign pension plan.
As a foreign national investor purchasing property in the United States you may acquire, transfer, … (2 comments)

What Makes An LEED-Certified Home? - 04/25/11 08:07 AM
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By Roby Hicks
Before we discuss the makings of LEED-certified home, let us first understand what LEED certification is and why it is important. This rating system stands for Leadership in Energy and Environmental Design, formed by the US Green Building Council. This system measures the construction practices followed during the building of a structure or home. This allows the buyers to purchase or build a home that is environmentally friendly.
Its importance:
With the deteriorating state of our environment, having a certifying body that will look into how homes and buildings are built is greatly needed. This will aid … (1 comments)

Exclusive Miami Beach Luxury Real Estate to Die For! - 04/21/11 09:54 AM
www.OnePlaceOpenHouse.com By Christina M MarieMiami Beach has some of the most exclusive communities in South Florida. This exclusivity combined with the proximity of the lifestyle South Beach offers makes private island living in Star Island and Indian Creek Island a desirable option for the rich and famous. Located in the pristine waters of Biscayne Bay, between Miami Beach and downtown Miami, is exclusive Star Island. An artificial island created by Carl Fisher and completed by the Army Corps of Engineers in 1922, Star Island real estate has become some of the most highly coveted land in the country. The luxury homes of … (0 comments)

Luxury Short Sale – Need Solution To Luxury Short Sale? - 04/19/11 09:45 AM
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This is an article that was originally published Bloomberg that shows how the epidemic of Short Sales and Foreclosures is not only a problem for low to middle class families.  The problem is now running rampant with Upper Income Homeowners too.  In South Florida alone the percentage of "Luxury Homes" is twice that of the national average and more frequently these home owners are turning to Short Sale to get out from under their home. (see below)
by Kathleen M. Howley An Levy (Bloomberg News)
Homeowners with mortgages of more than $1 million are defaulting at almost twice the U.S. … (1 comments)

Looking to build a new luxury home? Learn How to Read House Floor Plans... - 04/14/11 08:05 AM
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In reviewing your house's blueprints, you can usually determine the general floor plan layout / how many rooms are included / and other general information. However, depending on the size/complexity of the home and the individual Designer's style, those lines on a page can start to give you a headache. There are a few tricks to help you read your luxury house's blueprints.
First, you will need to determine the scale at which the floor plan is drawn. In general, most pre-drawn luxury home plans will have an visibile indicator on the blueprint such as "a quarter inch = a … (0 comments)

Lil Wayne Lists Miami Mansion for $12.9M - 04/07/11 04:59 PM
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By Sheree R. Curry
Rapper Lil Wayne wants to, or maybe just needs to, unload his Miami mansion on La Gorce Island, Fla., that he purchased early last year for $14 million. He is asking $12.9 million for a possible quick sale given he has an Internal Revenue Service tax lien hanging over his head.
The IRS says the rapper, whose real name is Dwayne Michael Carter, Jr., owes the government a total of $5.6 million, which breaks down to $3,351,078 owed for 2008 and $2,258,956 for 2009. Last year, he had liens against him for more than $1 million … (0 comments)