County administration will turn spotlight off backroom deals
Categories: Front Page, In The News
hiWeek of November 19, 2009
Occasionally an idea is so self-evident that you marvel that nobody did it long ago.
That’s the case with Miami-Dade Commissioner Javier Souto’s legislation to outlaw backroom deals between the administration and commissioners to trade favors for votes.
It’s obvious that, in a state that purports to require government in the sunshine, passage [...]
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Good first step on Watson Island needs surefooted follow-up
Categories: Front Page, In The News
hiWeek of November 12, 2009
New Miami Mayor Tom·s Regalado plans to start off on the right foot next week by seeking a vote that could terminate a lease to a developer who has defaulted on payments due the city.
Immediately bringing the Watson Island lease for the unborn Island Gardens project before the commission is absolutely [...]
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What is an Energy Efficient Mortgage?
Categories: Buying Real Estate, In The News, Real Estate News
hiEnergy Efficient Mortgage (EEM) is a mortgage that credits a home’s energy efficiency in the mortgage itself.
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It passed!! Home Buyer Tax Credit of 2009
Categories: In The News, Real Estate News
hiGreat news on the real estate front. On Friday, November 6th, the Worker, Homeownership and Business Assistance Act of 2009 was signed into law by President Obama.
The three main points are outlined below:
Extends deadline for purchasing and closing on a home. An eligible taxpayer must buy, or enter into a binding contract to buy, a principal residence on [...]
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“the ewm page” in Sun Sentinel West 11.08.09
Categories: Front Page, In The News
hiClick on property photo for more information.
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Repaint Watson Island red flags as public green space
Categories: Front Page, In The News
hiWeek of November 5, 2009
Even before this week’s election picture clarifies, Miami’s new leaders face an immediate test with vital long-term coloration: What to do about a long-awaited Watson Island showcase that’s clearly painted red?
A developer who variously says he has put $49 million or $54 million into a mega-yacht marina/luxury hotels project but has [...]
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Best Time Ever To Downsize, Upsize Or Buy First Home
Categories: As Heard on the Street, In The News, Real Estate News
hiMost of us will never have an opportunity like this in our lifetime. Imagine a time when property values are low; interest rates are low and the added benefit a tax credit plus tax benefit portability.
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Homebuyer Tax Credits Extended and Expanded!
Categories: In The News, Real Estate News
hiBoth the Senate and House have now passed the homebuyer tax credit bill and the White House said President Barack Obama would sign it Friday.
The bill not only continues the first-time homebuyer tax credit, but expands the credit to any homebuyer who purchases a primary residence.
To be clear, here is what the bill allows:
First-time homebuyes [...]
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Tax credit extension passes House and Senate
Categories: In The News, Real Estate News
hiThe House and Senate have passed the tax credit extension. It still needs Obama signature, which he says he’ll sign. New buyers get 5 more months to sign a contract; existing owners win too. Read more.
Click here to view/print a one-page PDF document that outlines the final changes that were approved. All changes made to the [...]
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Senate passes bill extending and EXPANDING tax credit for home buyers
Categories: Buying Real Estate, In The News, Real Estate News, Real Talk
hiFirst-time home buyers have been getting tax credits of up to $8,000 since January as part of the economic stimulus package enacted earlier this year. With the program scheduled to expire at the end of November, the Senate voted Wednesday to extend and expand the tax credit to include many buyers who already own homes.
Buyers [...]
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