Hello Everyone,

It is my pleasure to share with you this informational BLOG discussing the immerging Real Estate market place, the opportunities arising and how we can all benefit from it.

The “BUZZZ” words in the Real Estate industry today include mainly Foreclosures, REO’s and Short Sales! In recent years when property prices were soaring, home owners cashed out on their largest asset to jump on the new opportunities in the booming real estate market. Certainly, investors and developers have made a fortune from the booming Real Estate market, but for those who didn’t plan it right and got caught with properties they can’t afford the options became slim quickly. Consequently, for many people foreclosure and financial tip over is turning in to reality every day however, it is not a surprising considering the reports of much too high consumer spending in comparison to earnings.

My goal is to spread knowledge, ideas and techniques with everyone that wishes to be successful at buying and investing in Real Estate. By taking advantage of the circumstances you can actually bailout homeowners in distress, banks and the US economy by buying properties and turn them into cash for yourself. Real Estate gurus say the best time to buy is now!

Banks and other lending entities are taking over huge numbers of properties and must dispose of them ASAP. These Properties are Called REO’s and they usually sit empty with bills that are piling up very quickly. These are the Banks that played the market and gave money to purchasers for homes they couldn’t afford. The idea was to loan money to as many people as possible! So with negligence and big appetite the banks started giving money to none qualified buyer with “teasing” short period low interest rate loans. As we all seen it came back to bite them, when borrowers stopped making mortgage payments.

I believe it is time for all of us to be aware of our doings and create positive domino effect that will benefit everyone, unlike what we have witnessed here!

Finally, today’s Real Estate market offers opportunities to buy homes from the banks and distressed homeowners at low prices and with great terms. As always I recommend buying properties that are within our financial reach, but if the home you wished for was out of reach the situation may have changed for you!

Yehuda Miara PA

 Yehuda@miamiluxuryliving.com

305.586.1440