News about properties and real estate
Be wary of buying into homeowner association It has always been wise to take extra care when buying a house or apartment in a community governed by its owners. But nowadays, with so many people behind on their mortgage payments, even a fire-sale price from a desperate seller could quickly lose its luster if too …
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Apartment (REIT) Hunting Can the sluggish economy really justify the prices investors are currently paying for stocks? That’s the question on traders’ minds these days, and it certainly applies to real estate companies, which have seen their shares roughly double since the market’s financial crisis nadir in March, easily trumping the S&P 500’s mere 57% …
Buying a condominium requires research Condos are a popular choice for first-time buyers as well as homeowners who want to downsize because they tend to be less expensive than single-family residences. Also, they usually require less maintenance. Condominium owners belong to a homeowners association that collects dues, usually on a monthly basis, to pay the …
First-time home buyers scramble to beat deadline for $8,000 tax credit Ashley Johnson took a whirlwind tour of roughly 40 homes this summer. The 26-year-old was staring down a deadline: Buy a home by the end of November in order to get $8,000 in free money from the federal government. Who qualifies: First-time buyers and …
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Four years after Hurricane Wilma battered South Florida, some homeowners are still dealing with claims [South Florida] Marta Ayala’s colorful artwork is showcased throughout her immaculate Parkland home. Every room also features vivid reminders of 2005’s Hurricane Wilma: cracking paint and yellow water drip marks, some as long as 10 feet. Weeks after the storm, …
Tibor Hollo, South Florida’s dean of the deal, is thriving So you want to buy a Miami condo but are afraid prices will keep falling? Or, maybe you’re worried about losing your job or have heard those stories about how hard it is to land a condo loan. Veteran Miami developer Tibor Hollo is offering …
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