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Broward County hard money lending
Real estate brokers say deals that were being processed are posing all manner of issues with the onset of the pandemic, causing chaos in the market as investors want to pull out of contracts. But should purchasers cancel because of COVID-19? Real estate attorneys have said there’s no straightforward response. A Palm Beach Post article tells the...
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It was just a few years ago that condos were the hottest thing in real estate. However, with the pandemic radically changing the way people live their lives, single family homes are now the big-ticket item. In Miami alone, sales for these properties have increased by close to twenty percent while condo transactions have seen...
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Even seasoned real estate investors can make a rare slip-up, so it’s not something to feel bad about. Investing is a perennial learning process. Know, however, that if you repeatedly replicate these mistakes and don’t glean anything from them, it is certainly a mistake. Today, we’ll be taking a closer, albeit brief look at overpaying....
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South Florida’s housing market is seeing lots of growth as northern home buyers seek to purchase homes with the added benefit of being able to telecommute. Although it is sellers who have the advantage right now — demand is strong but supply is low — buyers have opportunities to reap rewards. A recent report shows Florida has...
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According to a recent Miami Herald article, South Florida’s housing market is seeing some positive momentum after some shakiness. Per a recent report, Broward and Miami-Dade saw increases of just over 80% to 100.8% growth year over year when it came to sales of both condominiums and single family residences. Recently signed single-family homes contracts...
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When you’re just starting with the world of hard money lending, you might wonder if an upturn in federal interest rates would impact the rates for a hard money loan. To put it clearly, supply and demand influence hard money loan rates as opposed to federal rates.When it comes to hard money loans, supply and...
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Last time we shared how Tampa residential real estate is seeing positive results. Earlier this month, South Florida Business Journal published a story also painting another well-known Florida city in a positive light: Miami. Indeed, the “Magic City” earned a spot among the top ten of cities with the highest residential real estate in the...
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Foreclosure House Tablet Showing Repossession And Sale By Lender Based on a recent 2020 Vacant Property and Zombie Foreclosure Report, over a million residential properties across the country are currently vacant, comprising just over one percent of all homes in the United States. During the second quarter of the year, more than 258,000 were in...
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A significant hurdle that needs to be dealt with when exploring properties for sale is the possibility of a lien as they can affect the ability to sell a property and must be resolved in order to proceed with any potential investing plans. To provide a basic definition, a lien is a monetary claim by...
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South Florida has seen a wave of people from the northeast in recent years, allured by Florida’s low property taxes and no income tax. Sales of upscale homes and condominiums in all three counties had seen considerable upticks by December 2019. Furthermore, demand has seen ongoing increases amid the COVID-19 pandemic as buyers seek additional...
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