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For More Information call: 305-225-5033
If you are looking to purchase a vacation home or a rental property in Kendall, Florida, you should consider hiring a property management company to assist you in looking after your property.
Royalty Concierge Services can offer you a wide array of property management services, which are very beneficial to the international or out of state homeowner who needs someone to take complete care of their investment property or vacation home in Florida.
When you interview with property management companies in Kendall, you need to find someone that is reliable and trustworthy.
When you contract Royalty Concierge, we have the experience on our side, to manage your property. Royalty Concierge will coordinate on your behalf the payments on your utility bills ((telephone, electricity, water, etc.), manage the ever so important Tenant/Landlord relations, collect rental payments, handle evictions, hire personnel for regular maintenances & emergency repairs. Royalty Concierge can also arrange housekeeping services, receive your mail, and accept deliveries and much more...
Become a Royalty Concierge client and you will discover "worry free ownership".
KENDALL
Kendall occupies a large 16 square mile area on the unincorporated suburban zone of Miami-Dade County, just on the edge of the Florida Everglades. The community was named after Maj. Kendall, an executive of the British Land Company that had surveyed and mapped many areas of Florida. Kendall is a thriving community with a population over 80,000. Metrozoo is Kendall's main attraction as a world renowned innovative facility providing animals with free-to-roam land surrounded by moats. Over 2,000 animals, from over 240 species, inhabit the 290 acres of jungles, forest and trails. Of particular interest are its world-class aviary and the rare White Bengal Tigers.
As of the 2000 census, the area had a total population of 75,226, almost half of it of Hispanic origin. The area is known for its residential neighborhoods and excellent schools. New developments include nice single homes and townhomes in a family-oriented atmosphere.
Let us help you find the home of your dreams in Kendall. We have a direct relationship with the major builders to offer you the best prices, but if you can't wait for the pre-construction process, we have a comprehensive listing of houses, apartments, condos and townhomes available in the market.
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The rave that seems to be making the rounds in the Real Estate community is the short sale option contract. It goes something like this: A Realtor gets a call from a prospect to list a property for sale which is worth less than owed (Short Sale Scenario). The agent does not want another short sale listing but reluctantly takes it and turns to an investor for help. The investor makes an extremely low offer with an option to sell. He then takes over the short sale negotiation from the agent who has agreed to let him do so.
The hitch is that the property is then actively marketed for a higher price while under contract. A buyer is found and a contract is written with the investor as the seller. Once it closes it is immediately sold to the buyer. Of course there are other variables and scenarios painted in different lights to try and masquerade what is going on but this is essentially what is happening. Oh by the way the listing agent is promised the second listing as well along with a reduced commission, but who cares the agent is getting two commissions days apart, nice!
The problem with that is the little thing called code of ethics. A Realtor has a fiduciary responsibility to get the highest and best price for the seller. The other wrinkle is this other little thing called fraud. If the agent knew full well he could get a higher sales price, why didn't the bank receive those funds? Especially when he listed it for the investor and sold it a few days later.
If this scheme is properly disclosed to all parties, I doubt the bank will accept the first offer, especially when they do their homework and find out what the property is worth. Most of the time it is not even called an option contract because that phrase raises red flags. You can see why the "investor" wants to control the negotiation process. This way he controls the information to the lender. He probably manipulates the BPO as well to get the sales price accepted. This is why the Realtor has to be in on the scam.
Most option contracts require either one of two elements to make them work ethically. The first is time, and the other more practical one is buying low with all parties aware of what is going on. The property needs to have enough equity and the seller needs to be sophisticated enough to know he is leaving money on the table in exchange for a quick sale.
Common sense should prevail here. Think about it, if the property can be sold at that much of a discount don't you think you can find plenty of buyers? Why use a middle man?
What I see happening is a bunch of Realtors being duped to buy a course that packages this type of transaction in the form of books, cd's and webinars in exchange for putting their license and freedom on the line. Heaven forbid an agent actually gets involved in a short sale option contract. The ones making the money are the endless amounts of gurus, so called investors and overnight experts. If it sounds too good to be true it usually is.
See this article for an actual case. http://www.nationalmortgagenews.com/fraud/stories/?id=289
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Recently I received an unsolicited e-mail (spam) from someone named Sally Larabee about a very interesting subject. She claimed that Realtors all over the nation will be getting sued for calling themselves experts in short sales, when in fact they haven’t completed not one. It went on to list how this would take place and the only way to avoid it is to take their course (probably at a hefty price). It also states that if you really want to call yourself an expert you need to take their course and prepare yourself. I thought to myself now wait one minute you just said if I don’t do a bunch of short sales and gain “experience” that I can’t call myself an expert, now you tell me if I take your course you can call yourself an expert. Which one is it? Expertise is not measured by how many times you perform a task, that’s called experience.
Although the argument is very compelling, it’s fairly easy to protect ones self with the proper disclosures without taking another short sale course. If you are doing short sales and haven’t had an attorney write a disclosure for you, shame on you. Get it done today and have all parties sign it.
Finally what I found interesting is that when I surfed the Real Estate Radio Blog, low and behold I found the exact same article written by Barry Cunningham, I thought the e-mail had Barry’s tone. I also wrote a post to that blog and somehow it was never published. I just wanted to let Barry know that his stuff had been plagiarized-or vice versa.
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JOTT.COM
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La Asociacion Nacional de Realtors a creado una nueva pagina en la red para ayudar consumidores con la ultima informacion sobre todo lo relacionado a la compra o venta de tu casa. Informacion en especial se dirige a los compradores, como hacer busqueda y aprender sobre los beneficios de "ser propietario" de tu propia casa o apartamento. Entre otras ventajas, puedes descargar tu celular al sitio y estar conectado mientras buscas casa en algun area en especial se te eviara informacion a traves del telefono.
Para entrar a la pagina usa este enlace http://www.housingmarketfacts.com/
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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