First-time home buyers scramble to beat deadline for $8,000 tax credit

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 …

Four years after Hurricane Wilma battered South Florida, some homeowners are still dealing with claims [South Florida]

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

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 …

Some deadbeat landlords must forfeit rents to condo associations

Some deadbeat landlords must forfeit rents to condo associations Each month, Judd Tyler, the president of his townhome association, discovers his community doesn’t have enough money to pay all of its bills. So the townhome board took action. It is among the first in the area to obtain a court order to force delinquent landlords …

One seller ploy first-time buyers should avoid

One seller ploy first-time buyers should avoid Here’s a tactic that was used on me as a first-time home buyer: The seller is asked to pay an amount into a fund, and told he can recoup that payment by raising his selling price, which would then be paid by an unsuspecting buyer. I didn’t understand …

Miami-Dade property tax appeals flood in from condo associations

Miami-Dade property tax appeals flood in from condo associations With the deadline to appeal property taxes a week away, local appeals firms are hard at work, with many more cases coming from condo associations seeking appeals on behalf of unit owners. With condo values dropping steeply, many condo associations are filing class appeals on behalf …