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From outside, the condominium market from Miami to Fort Lauderdale can look just frightening. Rumors of chaos and panicked investors, would-be flippers and pre-construction projects coming to their end, tightened mortgages rules, you have all the ingredients for what look like a total mess.
The market is changing almost everyday, and not in the right direction. From the subprime market collapse to the obvious overbuilding of condominiums, the rising property taxes and the defaulting pre-construction buyers, you have to look very hard to find a good news.
However, we think that for the wise investor, this is the perfect time to buy. The condominium market in Miami and in Fort Lauderdale will recover, this is sure.
We have now plenty of new inventory with buyers willing to sell their condominiums at 10% to 20% discount. We also have plenty of foreclosures, or even better bank-owned properties.
And for the many buildings which will be delivered in the next 6 months, the developers will face numerous buyers defaulting on their contracts and walking away from their 20% deposits.
It will surely look like chaos, but it is the right time to be prepared and invest wisely.
We will help you to select a good building, built by a reputable developer, with nice and real amenities. We have seen too many buildings where the gym or the swimming pool where not what was promised, with a swimming pool looking like a low-class Jacuzzi. It may not affect you right now because you are not a fan of the gym or you don't like Jacuzzi or you just want to rent your unit, but it will surely affect your investment when it is time to resell your unit and you are facing a better equipped competition.
We didn't want to list all condominiums in Miami, Miami Beach, Sunny Isles Beach, Bal Harbour, Hollywood, Hallandale, Fort Lauderdale, because it is now information publicly available.
What is interesting for us is the analysis of these condominiums and pick and choose which ones will weather the storms and emerge later as winners.
We do think that this is the right time to invest, not to flip in 6 months and make a profit because these times are over now, but to keep for 4 to 6 years and resell later with a good profit.
Miami is an international capital, and will become more and more so. By its central position in a world economy, Miami is undoubtedly the hub of the Americas, the place where Europeans, North Americans, Central and South Americans, Caribbean's and the emerging giants like China, India and South Korea meet to do business. Miami is here to stay and prosper.
We think that the property taxes will be significantly lowered after the November 2008 elections, and if this citizen's initiative (www.citizentaxreform.com) goes to the ballot the property taxes may just be replaced by a raised sales tax. This will trigger the renaissance of Miami real estate market.
This is the perfect time to invest. Since you are reading these lines you are surely toying around the idea. We will say it again: this is the perfect time to buy.
We will help you to select the best condominiums and the best lines in these condominiums. Then we will target the pre-construction buyers who want to sell their contracts and take a loss. We will compare their prices with the other units in foreclosure. We will check the bank-owned properties were we can get some incredible deals nowadays. We will see with the developers how we can replace a defaulting buyer and get a significant discount. We have just plenty of opportunities.
And for our fellow Europeans, with the weakness of the US Dollar and the strength of the Euro and the Sterling Pound, it is like you are buying real estate in Miami at half its value. This is an opportunity you can't pass.
We will need from you a price range, a few locations where you want to invest, and what type of investment do you plan. We want to know if you want to keep it 4 years, or more. Maybe you want something here in Miami because our weather will always be nice and pleasant. Maybe you want to buy several condominiums and rent them for the next 10 years and then cash out with some hefty profits. Or you want a pied-à-terre where you can spend some vacations and rent it furnished short-term to cover your expenses and more.
Contact-us, this is now the time for you to buy a condominium in Miami. It cannot be better, this is truly a buyer's market, and we are there to assist you.
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We will help you to find the best condominium, which is actually the one that will suits you best.
Not two clients are the same, and not two condominiums are the same. We will see clients searching on the Internet, and this is why we give you information about available condominiums.
Therefore, we think that our expertise and our listening skills are there to help you in your quest. Some clients with family will need a neighborhood with good schools, and sports facilities, where over clients want to invest in an easily rented condominium.
We will discuss with you, we will offer you several options to help you organize your priorities, and then we will find for you not only the best condominium, but we will assist you to obtain it at the best conditions possible.
If you are looking for a condominium in a tourist area, where you come yourself a few days or week in the year, then the condo-hotel is an obvious solution. But not all condo-hotels are the same. They will not offer the same advantages, the same clientele, the same amenities. There also we will be able to help you.
If you are a snowbird coming south seasonally to enjoy our incredible sunny and warm winter, we will find for you a condominium where short term rental will be easy to manage.
In today's market, we really think that Internet searches are not enough. We want to assist you, with our expertise and our knowledge of this market. We will discuss with you several topics:
• Is it an investment you want to hold on for 4 years, or for 8 years, or more?
• Is it something you want to rent year long?
• Is it your future home, for you and your family, but at the same time you want to secure a steady appreciation?
• Will you be affected by a very long commute in the new community that seems so attractive today?
• Is it an investment that will be easy to sell in a few years, or will you be competing against several owners with units having the exact same characteristics?
• Is it something you are able to keep and finance for several years, because you want to invest in a strategic location in a growing city?
We think that each of our clients is going to have a different answer to these questions.
We are there to help you going through this search, we are there to help you see through the hype, through the rumors, through the fears, to help you select and negotiate, for you, the best condominiums for your own special needs.
Please browse this list of condominiums, browse other Internet resources,
but after all your researches, please contact us by email or by phone, you will see the difference.
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