You just signed on the dotted line, and given a deposit to buy a piece of Florida Real Estate (a.k.a.  your dream home). My next question was always:  “Ok, now what?” Let’s see if we can clarify what must happen in order for you to take ownership of your Florida property.

Fun as it is cruising the streets looking for “For Rent” signs and calling numbers that rarely answer in a language you speak, there are easier, less frustrating ways to obtain a decent place to live in Miami.

Long ago a trusted associate said to me:  “Want to look like a great salesman?  Then, sell a hot product.”

South Florida, in good times and in times of market correction is:  “a hot product” (no pun intended).

If you’re a person who truly enjoys seeing others succeed, you may be a candidate to earn 10 times what you’re earning and work one half the hours.

Another success story about a person from Peru who came to the United States, took a good job and purchased (3) homes.

Here’s how this success story happened:

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Citizen, foreign national, non-resident alien, internationl investor, what’s the difference…real estate/homes are true collateral.  The risk for the lender is minimal.

The Real Estate Closing is the final step in executing a real estate transaction.

On the closing date, the parties consumate the purchase contract, and ownership of the property is transferred to the buyer.

Just because condo-hotels are the new hot investment doesn’t mean I want one.  Geeze, I’m still learning what a condo-hotel is.

Major hotels have in recent years taken certain properties and converted them to condo hotels aka: “condotels, condohotels, condo hotels”. 

Big news regarding local real estate - the Midtown Miami project is up for sale. The owner is claiming that he wants out “for tax reasons.”

The dreaded two words home buyers hate to hear from a lender:  “Review Appraisal”.

Some lenders have the audacity to have the prospective borrower pay for this additional expense. In my case, the lender (First Franklin) is notorious for ordering reviews and they cover the cost.

I am not sure when I realized I was “house hunting”. Perhaps it was when I noticed that everytime I drove by a “For Sale” sign I was craning my neck to see what I could be missing.

A thorough home inspection should consists of many components including structural framing, physical components, electrical, plumbing, heating, and air-conditioning systems.

Depending on the property size, a standard home or condo inspection in Miami will cost you approximately $500.

Where do our offshore foreign investors go to obtain a loan for a real estate investment?

That would be my dilemma if I were sitting in my office in Buenos Aires noticing I had cash and I was looking to purchase an apartment complex in Miami and convert it to reasonably priced condos.

The Related Group’s Oasis on the Bay, was honored at this year’s BEST awards with the Platinum award for “Best Overall Preconstruction Building”.

Kor Real Estate Group is opening a sales office in Miami Beach.

Ever sit around and wonder what part of the country might be the best to purchase your next home?

Well, wonder no more because Fortune has determined a rating system where you can easily access projected future property values and select a nice locale for you’re next property investment.

Here in Florida we reach a point in life when we design a home, find a builder and attempt to get a mortgage that will pay the construction person and when it’s done we move in.  The vehicle with which will do the funding of said project is called a “construction loan”.