CITE on the Bay Condo in Miami Arts District Deals and Short Sales - 03/25/09 11:11 AM
CITE Condo in Miami Arts District is one of the many buildings in Miami that is experiencing large price reductions in its units, which offers buyers a great opportunity to buy a waterfront condo in Downtown Miami at a large discount. Below are some CITE condos at discounted prices.
 

 
CITE Condo in Miami Arts District Unit 2604 1/1 $ 124,900 SHORT SALE
CITE Condo in Miami Arts District Unit 2211 2/2 $ 151,900 BANK-OWNED FORECLOSURE
CITE Condo in Miami Arts District Unit 2509 2/2 $ 154,900 BANK-OWNED FORECLOSURE
 
Recent sales in CITE Condo Miami Arts District
Unit … (0 comments)

Problems with Financing and Loans in Miami Condos - 03/13/09 01:58 PM
How to get financing in such a difficult loan environment for Miami condos
These days banks have become very stringent on financing options for Miami condos. Due to new Fannie Mae and Freddie Mac guidelines, coupled with the shaky banks, most Miami condo buildings now fail to meet the requirements required for a bank to offer a loan for the purchase of any unit in that building. So even if you have solid credit, solid employment and want to put 20% down, the bank will say no. Believe it!
So how do you get around this? First, before we get into the … (0 comments)

 

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