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Buyers Category

FENDI Enters the World of Real Estate Via Miami

August 6th, 2014 Written By Carol Pawley

fendilogo

. It will house 58 residences with 10-foot ceilings, and a Fendi Casa kitchen that includes a chef’s kitchen, Fendi Casa cabinets, and Gaggenau appliances. The units range in size from 3,300 square feet to more than 7,700, and in price from $5 million to $22 million. Read the rest of this entry »

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100 Edgewater Drive Condo

July 12th, 2014 Written By Carol Pawley

edgewater final copy

Coral Gables CONDO ALERT….COMING SOON!!! 

New Listing at 100 Edgewater Drive with boat slip (For boat up to 40′)  

Interested?  Give me a call 305 993 6188 – UNIQUE Opportunity 

 

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The Very Fancy SLS LUX Brickell

July 7th, 2014 Written By Carol Pawley

 

LUX MEDIUM

The sales center for the SLS LUX Brickell condominium is now open. The project will offer-among many other impressive features- sophisticated designer interiors, original works of art by contemporary masters, private rooftop pool terraces, celebrity chef restaurants, and limousine service to a chic private beach club. Services designed to indulge the most discriminating clientele.

Even before the pre-construction sales center opened its doors, the SLS LUX had reservations from buyers to purchase $200 million in units — half the project’s total sales according to Related, which is jointly developing the prime site with real estate baron W. Allen Morris, who owns the land.

Today’s high-end condo developments are far fancier, moving Miami into an elite circle of global cities where the super-rich come to play or perhaps to do business. As developers compete to offer the best of the best, Miami has turned into a workshop for internationally famous architects like Richard Meier, Zaha Hadid and Bjarke Ingels, and prominent interior designers and landscape architects. Exotic building materials, cutting-edge appliances, and smart-house features are de rigueur.

 

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Max Azria’s Fisher Island Condo for Sale

June 19th, 2014 Written By Carol Pawley

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Max Azria, the famous designer behind the “BCBG” brand, is selling his Fisher Island condo for $7 million dollars. The sixth floor unit has five bedrooms and five and a half baths, white marble, a big living room, wide terraces, and westerly views of the Miami skyline. Interested?  Give me a call!

 

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Competing with All-Cash Buyers?

June 15th, 2014 Written By Carol Pawley

Trade with money and key

Market Watch offers these tips for borrowers in all-cash markets like Miami

  • Be patient: Some all-cash buyers and their offers can appear and disappear, especially if the buyer is overseas. Your financing-contingent​ offer still might have a shot, especially if you’re willing to put down a large down payment.
  • Realize that flexibility is an advantage: Sometimes a line of credit on another investment property, or a home-equity line of credit, can help make your offer look even better. It may not be all-cash, but more-cash is better than less-cash.
  • Know the market: Work with your real estate agent and loan officer to find sellers that are open to accepting bids with financing. 

Link to Article: http://www.marketwatch.com/story/how-to-get-a-mortgage-where-cash-is-king-2014-06-06

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Fixed Mortgage Rates Continue Falling

May 27th, 2014 Written By Carol Pawley

mortgage low rates

Key fixed-rate loans are now trending at 4.14%––the lowest level in seven months, according to the latest survey by mortgage buyer Freddie Mac. That average rate is down from last week’s 4.20%. 

In the short term, experts predict these lower rates will hold steady. In the latest Mortgage Rate Trend Index poll, 89% of the analysts and loan experts said they expect mortgage rates will remain unchanged over the next week.  Bottom line, if you are shopping for a mortgage, you have timed it right and there is no better time to lock than the present.

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All-Cash Sales Reach a New High

May 7th, 2014 Written By Carol Pawley

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RealtyTrac reports that 42.7 percent of all U.S. residential property sales in the first quarter were all-cash purchases. The highest level since it began tracking all-cash purchases in the first quarter of 2011.

Cash sales made up more than half of all sales in Miami, New York, Detroit, Atlanta, and Las Vegas. Among metropolitan statistical areas with a population of at least 500,000, those with the top five highest percentages of cash sales were all in Florida: Cape Coral-Fort Myers, (73.6 percent), Miami (67.1 percent), Sarasota, (65.1 percent), Palm Bay, (64.1 percent), and Lakeland, (61.8 percent).

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