New Condominium Laws: What Condo Commando’s might not want you to know.

For those who currently live in or will move to a condominium (One of the roughly 25,000 units in the tri-county areas), this is for you.
The Condominium Act (Chapter 718 F.S.) has been significantly amended for present and future residents.
Like just about all written statutes, there are pockets of ambiguity and issues that are open [...]

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Downtown Miami’s Condo Deal of a Deal

I know some of you, not all, are sitting on the sidelines
of the real estate game, waiting for the right moment to score on a deal. Right!,
Well, I believe I have one for you.
There is this 1/1, a corner unit, overlooking the pool of the  Met1,
waiting for you. Designer ready!
You could have this unit for [...]

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The Spoils of the Real Estate Market

Opportunity Time!!!
Buyers defaulted and developer wants to sell now! This building is finished and sold out.
First come, first serve.
2/2.5 on the water. Yes! on the water. Overlooks the bay and sits on the best line of the building. It has 1,413 Adj.sqft. / 1694 total.
It can be yours for under market price.
                                               Listed for  $ 520,000.
Yes, [...]

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Shelf Life

Ever wonder what the life span of your roof is, or your appliances? wonder no more.

NAHB conducted a study that tries to determine the lifespan of home components.
Read the full story:
http://www.nahb.org/generic.aspx?genericContentID=72539
For professional advise on all aspects of buying or selling real estate, please contact me at-786-287-9272 -email:Richard@RichardRecuset.com
Richard Recuset-Multi-Million Dollar Producer-The Recuset Group

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Check the insurer

The Florida Department of Financial Services’ (FDFS) Division of Agent and Agency Services, Bureau of Investigation, investigates property insurance violations by Florida insurance agents, as well as health, life, auto, workers’ compensation, bail bond and title insurance. “Consumers trust insurance agents to ensure they receive adequate coverage and the services they pay for,” says Florida [...]

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Old Spanish Village

After assembling 20 parcels (homes and office buildings), builder Ralph Sanchez is rolling out another mixed use project. The new 400 upscale condos and townhouses are to be ready in 2008 and 2009. 
A seven acre complex of homes, offices and shops in Ponce Circle area. What’s unique about this project is that the 42 three story townhomes [...]

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HOA Reserve Funds

Q:My client recently asked me about the HOA reserve funds for her complex. How much money should it contain.
A: Every couple of years, a reserve study should be made to determin the amount needed. For instance-take the total of the repairs or replacements that wood be needed in future years less the amount now in [...]

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Your square foot condo

In light of the current market slow down, more condominium owners are suing developers for not getting the square footage for which they originally paid. As an owner you want to get the most value for your money. When a condo buyer signs a contract with a developer, a Declaration of Condominium clearly defines the [...]

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A take on the Condo Market

By Jim Loney Thu Dec 28, 10:41 AM ET
MIAMI (Reuters) – On a piece of prime bayfront property near downtown Miami, weeds climb the steps of the sales office for Onyx 2, a planned waterview condo where apartments were to sell for $500,000 to $2,000,000.  
A sign reads “For Sale. Land, plans and permits for Onyx [...]

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