A lot of people are down on home ownership these days, some for good reason. • Young people with student debt can’t be enthusiastic because it’s too painful. Their debt takes them out as homebuyers.• Those who overreached during the bubble are still recovering. At best, they are a long way from having the trauma …
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How to beat out all-cash home buyers
The rise of all-cash deals in places like Miami has made it difficult for high-end home buyers planning to use a mortgage. In response, many of these borrowers are turning to lenders able to close loans quickly or offer a range of financing options. In Miami-Dade County, for example, 62% of all closed residential real-estate …
Ask a real estate pro: Sellers must make repairs
Q: I am about to buy a home and just did the final walk-through before closing. We agreed to buy the house as-is and did thorough inspections about a month ago, as per the contract, and everything seemed fine. Now the refrigerator doesn’t work and the toilet is completely stopped up. Do I still need …
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Golfview Road home still resonates with the charm of its…
When a landmarked house on a historic street enters the market, it’s always a newsmaker — and doubly so when the home has been maintained to a standard that honors its original era while offering a comfortable lifestyle today. And when the residence in question turns out to have been part of an even larger …
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Mobile home park investors bet on older, poorer America
Sick of the cold, Una and Howard Kemper followed the warmth 1,000 miles south to a field of asphalt in the Florida pine flats, a mobile home park named CountryWood. • They bought a double-wide a third the size of their Baltimore rancher — with a manicured palm out front, like they had seen on …
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Orlando area home prices see biggest recovery in outlying neighborhoods
To find the Central Florida neighborhoods where home prices have bounced back the most in the past year, look at newer communities at the region’s outer edges. Growth pockets in Eustis, Paisley and Montverde in Lake County showed price gains of about 30 percent from February 2013 until the same month this year. So did …
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