Here’s Where the World’s Billionaires Are Buying Homes in Miami

Life is grand in Miami. Opulence, elegance and wealth flow from the sprawling oceanfront penthouses through the veins of its sun-kissed owners to the bottles of Champagne being popped on mega yachts in the city’s many beautiful harbors. It’s paradise for the rich and famous, and with new residential towers on the rise, high-end amenities […]

Does association need to levy a special assessment for Irma damage?

There has been some very heavy Hurricane Irma cleanup and repair costs for many Southwest Florida condominiums and neighborhoods. Of course none of these unexpected costs were in the association’s budget for this year. So, how are associations going to pay the Irma damage and repair bills coming due?There are basically three ways to pay these bills: Borrow […]

High court ruling means no more ‘free houses’ for Florida homeowners in foreclosure

There will be no “free houses” for Floridians who have defaulted on their mortgages but continue to live in their homes without paying. In a major opinion, the Florida Supreme Court has ruled that lenders can resume foreclosing at any time, even if they have taken no action in years. Previously, they had to act […]