bank owned properties: Looking for Luxury Homes at Incredible Prices? Look at Foreclosures & Short Sales - 10/02/11 05:38 PM
The Miami-Dade & Broward County housing market seem to be looking up especially in terms of sales involving condos and houses with $1 million or more price tags. This is the first time in 11 months that such activity happened. Compared to 2009 figures from the county real property appraiser, there was a 18 percent increase in sales transaction. According to experts, the growing demand for high-end homes does not translate to a boom. In fact, a ritzy mansion is attracting home buyers both locally and internationally because of its discounted prices. For example, some homes that were initially listed for … (2 comments)

bank owned properties: Bank Owned - REO - Foreclosures - Short Sales - 10/17/10 07:20 AM
If you are buying a short sale, you are 100% ok. A short sale is, as you know, a sale where the lender agrees to take less than what is owed on the property. This is a 3-way negotiation, between the buyer, the seller and the lender. The seller whose rights theoritically might have been abused somewhat by the lender's servicing practices, is a knowing and willing party in the short sale transaction, so it is a 3-way negotiation, and everybody should come out ok. So again, a short sale should be 100% safe to pursue. If you are looking to … (2 comments)

bank owned properties: Florida Foreclosure Law - 09/24/10 02:38 PM
Florida carries out foreclosures through court proceedings. The foreclosure process in Florida takes about five months. Pre-foreclosure Period A foreclosure in Florida begins when a lender files court action and records a notice of a pending lawsuit (Lis Pendens) against the borrower. The lender notifies the borrower and any other affected parties in person or in some cases by mail or publication. If the borrower does not respond to the court action within a specified amount of time, the county clerk can find the borrower in default and the lender can ask the court to make a final ruling. If the … (3 comments)

 
Kamal Salim, A Superior Level of Service ! (United Realty Group)

Kamal Salim

A Superior Level of Service !

Weston, FL

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United Realty Group

Address: 266 Las Brisas Circle, Weston, FL, 33326

Mobile: 954-297-3630



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