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Valeria Mola 305-607-0709 SIB Realty

Winston Towers Sunny Isles Beach, Short Sale, Best Buy at Winston Towers Sunny Isles Beach, Great unit Call SIB Realty 305-931-6931

SIB Realty 305-931-6931, Winston Towers Sunny Isles Beach

Winston Towers 100, short sale

Walk a few steps to the sandy beaches of the Atlantic Ocean from this all amenities building. 1/1.5, Winston Towers 100 Sunny Isles Beach, short sale, great location, nice unit, almost 1000 sq ft, balcony, needs TLC, take a look at the pictures. 11th floor, view of the ocean, bay. $165000

Thinking of selling, buying or renting? Contact Evelina Tsigelnitskaya Broker SIB Realty 305-931-6931

Get a FREE No Obligation Market Analysis of your Property Click SIB Condo Market Value

If you are going to sell, buy or lease Winston Towers Condo allow us to help you.

Call our Winston Towers Specialist Evelina Tsigelnitskaya for free consultation. 305-931-6931

Winston Towers 100 250 174 Street For Rent For Sale
Winston Towers 200 251 174 Street For Rent For Sale
Winston Towers 300 230 174 Street For Rent For Sale
Winston Towers 400 231 174 Street For Rent For Sale
Winston Towers 500 301 174 Street For Rent For Sale
Winston Towers 600 210 174 Street For Rent For Sale
Winston Towers 700 290 174 Street For Rent For Sale
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Winston Towers , Winston Towers Sunny Isles Beach, Sunny Isles Beach

Winston Towers 100 • Winston Towers 200 • Winston Towers 300 • Winston Towers 400 • Winston Towers 500 • Winston Towers 600 • Winston Towers 700
www.WinstonTowersSunnyIslesBeach.com

Do you own a condo at Winston Towers?

Let us sell or rent it for you. We have the expertise and the proven track record.

We are one of the leading sales teams in Miami.

Contact our Winston Towers experts for a proposal - Request Proposal or call 305-931-6931

305-931-6931 Evelina Tsigelnitskaya

305-607-0709 Valeria Mola

SIB Realty 305-931-6931 Sales /Rentals We speak English, Russian, Hebrew, Spanish Houses sale/rent, townhouses sale/rent, condos sale/rent, apartments rent, offices sale/rent.

18206 Collins Avenue , Sunny Isles Beach, FL, 33160

www.SIBRealty.com www.WinstonTowersSales.com

SIB Realty 305-931-6931 Sales /Rentals We speak English, Russian, Hebrew, Spanish Houses sale/rent, townhouses sale/rent, condos sale/rent, apartments rent, offices sale/rent.Winston Towers

Porto Bellagio Sunny Isels Beach, Short Sale, SIB Realty 305-931-6931

SIB Realty 305-931-6931, Porto Bellagio Sunny Isles Beach

 Walk a few steps to the sandy beaches of the Atlantic Ocean from this all amenities building. Lowest price unit in entire complex, this 1/1 entitles you to Porto Bellagio's 24 hour gym, 24 hour high security, heated pool and Jacuzzi, and business center with computer access. Your dog Rover is as welcome as you are in this people friendly, pet friendly home by the sea. The unit has a parking space in the building garage, covered and gated, or leave the car and walk over to the clubhouse bar on the bay

$150000 1/1

$199000 2/2

$230000 3/2

Porto Bellagio 17100-17150 North Bay Rd
 
For Rent For Sale All
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Porto Bellagio 17100-17150 North Bay Rd
 
For Rent For Sale All

Do you own a condo at Porto Bellagio?

Let us sell or rent it for you. We have the expertise and the proven track record.

We are one of the leading sales teams in Miami.

Contact our Porto Bellagio experts for a proposal - Request Proposal or call 305-931-6931

     

305-931-6931 Evelina Tsigelnitskaya

305-607-0709 Valeria Mola

786-229-7999 Mott Kornicki

SIB Realty 305-931-6931 Sales /Rentals We speak English, Russian, Hebrew, Spanish Houses sale/rent, townhouses sale/rent, condos sale/rent, apartments rent, offices sale/rent.  

18206 Collins Avenue , Sunny Isles Beach, FL, 33160

www.SIBRealty.com 

  SIB Realty 305-931-6931 Sales /Rentals We speak English, Russian, Hebrew, Spanish Houses sale/rent, townhouses sale/rent, condos sale/rent, apartments rent, offices sale/rent.

SIB Realty 305-931-6931, Bay Country Club Sunny Isles Beach

SIB Realty 305-931-6931, Bay Country Club Sunny Isles Beach

EXTREMELY SPACIOUS 2/2 WITH HUGE WALK-IN CLOSETS. FLOOR TO CEILING WATER VIEWS OF INTRACOASTAL FROM EVERY ROOM. WALKING DISTANCE TO BEACH AND HOUSES OF WORSHIP. NEW WASHER AND DRYER. ONE ASSIGNED COVERED PARKING SPACE. ONE OF THE BEST APARTMENTS IN THE ENTIRE BUILDING. BEAUTIFUL PARK ACROSS THE STREET. WONDERFUL AND COZY NEIGHBORHOOD IN LUXURIOUS SUNNY ISLES.

Bay Country Club 17720 N Bay Rd
 
For Rent For Sale All
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Bay Country Club 17720 N Bay Rd
 
For Rent For Sale All

Do you own a condo at Bay Country Club?

Let us sell or rent it for you. We have the expertise and the proven track record.

We are one of the leading sales teams in Miami.

Contact our Bay Country Club experts for a proposal - Request Proposal or call 305-931-6931

     

305-931-6931 Evelina Tsigelnitskaya

305-607-0709 Valeria Mola

786-229-7999 Mott Kornicki

SIB Realty 305-931-6931 Sales /Rentals We speak English, Russian, Hebrew, Spanish Houses sale/rent, townhouses sale/rent, condos sale/rent, apartments rent, offices sale/rent.  

18206 Collins Avenue , Sunny Isles Beach, FL, 33160

www.SIBRealty.com 

  SIB Realty 305-931-6931 Sales /Rentals We speak English, Russian, Hebrew, Spanish Houses sale/rent, townhouses sale/rent, condos sale/rent, apartments rent, offices sale/rent.

The Beach Club Hallandale Beach SIB Realty 305-931-6931 Current listing

The Beach Club Hallandale Beach South Ocean Drive 1800-1850, Hallandale Beach, Florida 33009

SIB Realty 305-931-6931

The Beach Club Hallandale Beach

Hallandale Beach will never be the same!! Introducing Beach Club, the ultimate in luxury style Condominiums. It features a prime location, top of the line amenities and an ambience built around your style. Beach Club is less than one mile from the prestigious Diplomat Resort, just minutes from shopping at the world famous Bal Harbour Shops and close by to enjoy the sizzling nightlife of South Beach.

The Beach Club consists of three luxury condos situated on nine acres of oceanfront property in Hallandale Beach. Beach Club Tower One has 44 floors, consisting of ten spacious units per floor. Residents can choose from a one-bedroom unit overlooking the Intracoastal to a two bedroom, three and one half bath with den model overlooking the Atlantic Ocean.

Beach Club Tower Two features 51 floors, consisting of 12 spacious units per floor. Choose from a studio or one bedroom unit overlooking the calm Atlantic Ocean to a two bedroom, 3-bath unit with your choice of the Intracoastal and ocean view.

Last but not least is Beach Club Tower Three which has 44 floors, consisting of ten spacious units per floor. Beach Club Tower Three has the same layout plan as Beach Club Tower One.

In addition, to having all these building amenities, each unit offers fabulous features for residents to enjoy. Top of the line appliances, European Styled kitchen, granite counter tops, marble flooring in wet areas, floor to ceiling laminated windows, state-of-the-art telecommunications wiring system, ocean and Intracoastal views (depending on floor plan) are just a few things that residents enjoy on a daily basis.

The Beach Club Hallandale Beach

The Beach Club One 1850 S Ocean Dr For Rent For Sale All
The Beach Club Three 1800 S Ocean Dr For Rent For Sale All
The Beach Club Two 1830 S Ocean Dr For Rent For Sale All

SIB Realty 305-931-6931 www.SIBRealty.com

Do you own a condo at The Beach Club?

Let us sell it for you. We have the expertise and the proven track record. We are one of the leading sales teams in Miami. Contact our The Beach Club experts for a proposal - Request Proposal or call 305-931-6931

Short Sale • Act now • You need to know your options when it comes to your home.

Short Sale • Act now • You need to know your options when it comes to your home.

305-931-6931 SIB Realty www.SIBRealty.com

Short Sale • Act now • SIB Realty 305-931-6931

In real estate, a short sale refers to the sale of a property in which the sale price is insufficient to pay off all encumbrances and pay the expenses of sale. If the lender is convinced that the owner, for various reasons, is unable to continue making the payments the lender will often agree to take less that the full amount owed to allow the sale to close escrow. The incentive for the bank to approve a short sale is to have the property sell before the loan becomes a problem account on their books.


This Process may be difficult to believe but it is a definite possibility. As stated below there are hoops to jump through. Banks are willing to allow individuals to assume the loan if they meet the required criteria. This is a system that works because the banks do not want to hold property for one but they also do not want to pay a fee (at times up to $25,000) in order to send the property through the foreclosure process.

Before a lender approves a short sale they will make two key decisions.
First, can the owner afford to continue making the payments on the property? If they can there is no reason for the bank to eat the loss. Banks will not look favorably upon a borrower that they determine lied to get the loan.


Second, will approving the short sale leave the bank in relatively the same position as they are likely to be in by going though the foreclosure process and then selling the property? If the bank can do significantly better by foreclosing they are likely to do so.


The seller must not receive any sale proceeds for themselves.
If there is a junior lienholder, the discounts can be substantial, sometimes as high as 90% or more. Question two is the primary determinant here. If the senior lender forecloses the junior may get nothing so they may take a deep discount to get something out of the property.


Short sale sellers need to be careful because there is no free lunch. The seller may end up with taxable income in the amount of the debt that is forgiven. The seller may also end up with adverse entries in their credit history. Any property owner considering a short sale needs to seek the advice of competent legal and tax advisors before entering into the transaction.

See Also
Lis Pendens I would advise anyone facing foreclosure to discuss their situation with an experienced Realtor. Short Sales are not a part of real estate basic training but there are a number of educational seminars a Realtor can take to get up to speed. Lenders will pay a reasonable selling commission so Realtors have an incentive to get involved in Short
Sale situations. The basic requirements for a Short Sale are a Listing Agreement with a Realtor and a Sales Contract from a Buyer which are submitted to the Lender along with a Hardship Letter from the Seller explaining why they cannot continue to pay the mortgage and supporting documents such as tax returns, bank statements, information and photos of the home and the Comps, or comparative home prices supporting the offer. The way mortgages are sold, the mortgage holder can be anywhere and certainly not aware of local real estate conditions.


If the package is complete, the Lender will order a
BPO, or Broker's Price Opinion, from an independent Realtor. Ths BPO is the key to the whole process. If it is too high, the Lender will not accept a low offer. Your Realtor can meet with the Agent doing the BPO and offer information supporting the offer, such as the average time on market of comparable homes, recent selling prices and point out any defects in the home. Most Lenders will accept an offer lower than the BPO, but usually not much more than 10% lower, though that will vary depending on the company.

The sales contract should specifically state that the offer is contingent on the Lender accepting the purchase price in full and forgiving the Seller the deficiency on the mortgage. Yes, there can be tax consequences. The Seller does receive a 1099 on the forgiven part of the mortgage, but there are provisions in the tax code for the offset of the phantom income due to insolvency. Most Short Sellers will satisfy the insolvency requirements or the Lender would not be allowing the Short Sale in the first place. Be aware too that if the home goes to foreclosure, a 1099 is received for the
FULL amount of the mortgage, plus late fees, legal fees etc. Obviously every individual situation is different so a CPA or tax attorney should be consulted.


The process does all take time and Lenders are swamped, expect at least 2-3 months before a sale can be finalized, even if the Lender accepts the first offer. If they do not, the price can be negotiated.

The Short Sale is a detailed but fairly straightforward process that can work to benefit Buyer, Seller and even the Lender. The Buyer gets a good price on a home, the Seller gets to avoid the disruption and credit hit of a foreclosure and the Lender avoids the delay and expense of foreclosing on a property they don't want to own and that would negatively impact their ability to make more loans.

Make sure you have people in your life to talk to about your situation. You will need a support network to help through this time in your life. It will pass. And you are being proactive in seeking a short sale of your home. You are taking the right steps, and in time, everything will work out. We can't promise it will be easy, but you will make it!


If you would like to connect with an experienced short sale agent to talk about a potential short sale of your home, go ahead and Contact US . We do not take these requests lightly. Every agent that we have in our network has closed short sales and knows how to negotiated on your behalf. If for some reason you are not satisfied with the help you receive from the agent, please let us know .
By submitting your information you acknowledge that you will be contacted by our agents to help you with a potential short sale of your home. You acknowledge that you are not currently working with a real estate agent, and want an experienced referral to begin potentially short selling your home

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Questions? Need more information? Call us!

Valeria Mola 305-607-0709

Evelina Tsigelnitskaya 305-931-6931

Call Today. We will help you find your future HOME!

305-931-6931 SIB Realty 18206 Collins Ave. Sunny Isles Beach, FL 33160

www.SIBRealty.com