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Showing posts from October, 2011

10 Repairs That Home Seller’s Must Fix Before They Can Sell

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Listing a home with obvious, even if small, problems are one of the biggest mistakes sellers make. Buyers prefer problem-free houses and as a seller, your top priority must be to overcome any obstacles between you and the sale. Fixing stuff that’s broken and selling a home that appears to have been well maintained will often overcome any real or imagined problems a buyer will have. Conversely, not fixing problems sends a loud message that you don’t care enough about your home. And, don’t forget, the home inspector will not miss problems, even if the buyer didn’t see them. In today’s slow housing market, seller’s should fix anything that a home buyer would expect to be working on the day of the sale, including: 1. Odors and Smells: Obviously, a big turn off for buyer’s in any market, and often poses health concerns. Stinky houses don’t sell. Find the source of of your problem and remove it.  2. Appliances: All appliances advertised as a part of the sale should be clean and in wo

Resort World Miami

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In May 2011, Bayfront 2011 Property LLC, a wholly-owned subsidiary of Genting Malaysia Berhad, purchased about 13.9 acres of land in downtown Miami for US$236 million with plans to build a mixed-use development. The parcel includes the building currently housing The Miami Herald Media Company and an adjacent parking lot. Resorts World Miami, as the development will be called, will include hotel, convention, entertainment, restaurant, retail, residential and commercial facilities – all designed in accordance with the City’s comprehensive zoning code, Miami 21. The resort will include more than ten million square feet of development, and will cost about US$3 billion. All told, Resorts World Miami is expected to create 15,000 direct and indirect construction jobs and another 30,000 direct and indirect positions on an ongoing basis. The site is bounded by 800 feet of waterfront on Biscayne Bay to the east, MacArthur Causeway (part of I-395) on the south, Biscayne Boulevard (part of U

Why use a Realtor?

All real estate licensees are not the same. Only real estate licensees who are members of the NATIONAL ASSOCIATION OF REALTORS® are properly called REALTORS®. They proudly display the REALTOR "®" logo on the business card or other marketing and sales literature. REALTORS® are committed to treat all parties to a transaction honestly. REALTORS® subscribe to a strict code of ethics and are expected to maintain a higher level of knowledge of the process of buying and selling real estate. An independent survey reports that 84% of home buyers would use the same REALTOR® again. Real estate transactions involve one of the biggest financial investments most people experience in their lifetime. Transactions today usually exceed $100,000. If you had a $100,000 income tax problem, would you attempt to deal with it without the help of a CPA? If you had a $100,000 legal question, would you deal with it without the help of an attorney? Considering the small upside cost and the large dow