News about properties and real estate
Bulk Acquisition of Florida Distressed Condominiums Unbridled development of Florida condominium projects from 2003 to 2007 and subsequent collapse of the residential real estate market have contributed to the latest trend in Florida real estate investment: acquisition of the fractured condominium. Investors in Florida fractured condominiums include a significant number of out-of-state companies. As these …
Continue reading “Bulk Acquisition of Florida Distressed Condominiums”
Second homes: North Miami’s slice of paradise [South Florida] Just after World War II, Bal Harbour became one of the first planned municipalities in Florida with underground utilities. Since then, the tiny village’s relentless pursuit of aesthetic perfection has never waned, and from its famous palm-lined entrance to its perfect beach and world-class luxury shopping …
Continue reading “Second homes: North Miami’s slice of paradise [South Florida]”
Richard White: Reserves help associations, owners plan for the future Q. I live in a small HOA. In November our board approved the budget for 2010. It included funds for painting, but the painting is not scheduled for three years. The funds are being placed in a line item called reserves for the use of …
Continue reading “Richard White: Reserves help associations, owners plan for the future”