Hope Note or Wish Note?A “Hope Note” is a restructured financing based on the hope that the borrower will get a piece of the upside equity at a future sale. It was a mechanism used in Commercial Real Estate in the USA after the big market crash in 2010. A&B note structure: The lender creates two tiers of debt—an A note (the existing loan that has been reworked with a lower principal amount) and a B note (a new loan for part or all of the principal reduction agreed to on the A note). The B note will usually be subordinate to any additional equity investment, but it ensures the lender can recover some of the forgiven principal in the event the property value improves over time. “Hope” note or equity participation: The lender reduces principal or changes the terms of the existing note in e... 12/28/2015

Administración de Propiedades Comerciales Administración de propiedades comerciales es una actividad crucial para optimizar los beneficios de una propiedad comercial al reducir los gastos operativos y aumentar los ingresos. Las tres gastos operativos más importantes son: Los impuestos sobre la propiedad, seguro de propiedad y Mantenimiento. Impuestos sobre la propiedad: los impuestos a la propiedad, así como evaluar el valor de la propiedad deben ser monitoreados constantemente para poder comparar con los valores del mercado y compararlos con los valores del mismo tipo de propiedades. Para lograr una reducción se debe presentar un recurso de apelación tributario al condado pertinente, Miami- Dade, Broward, etc. Después de realizar un análisis realizado por profesionales con los conocimi... 12/26/2015

Does Brand Really Matters? I'm going to start my article citing Jennifer Walker-Derby a prominent realtor in Atlanta, Georgia: "No matter how hard I tried, I could not break the $225,000 housing barrier (meaning sellers with homes valued over $225,000 did not trust my “no name brokerage” with the sale of their home). My first listing call after joining ReMax was for a $450,000 home. While a 75-80% success rate in obtaining the listings I competed for is impressive, since joining ReMax my conversion rating is now over 95% Let me ask you a simple question. When you go to the grocery store and cruise down the aisles, do you pick up Coke or RC Cola? Kraft Mac & Cheese or the store brand? As a society we tend to put more trust in the brands that we see advertised, hence the “as seen on TV” v... 12/26/2015

Intercambio 1031 Un intercambio 1031, también conocido como impuesto diferido exchange es una simple estrategia y método para vender una propiedad y adquirir otra la cual califique, dentro de un marco de tiempo específico. La logística y el proceso de venta de una propiedad y, a continuación, comprar otra propiedad son prácticamente idénticos a los de cualquier venta y compra estandarizada, un "intercambio 1031" es única, porque toda la transacción se trata como un intercambio y no como un simple venta. Esta es la diferencia entre "intercambio" y no simplemente compra y venta que, al final, le permite al contribuyente(s) obtener tratamiento diferido. El intercambio de una propiedad representa un método reconocido para diferir el pago de impuestos sobre ganancias de capital y es importan... 12/26/2015

If you know Portuguese, then you may be in a prime position as a real estate professional in the South Florida area. This is because Brazilian buyers continue to be the most active in the Coral Gables homes for sale market and the South Florida region, in terms of global consumers.According to the MIAMI Association of REALTORS®, Brazil has taken the number one spot for foreign countries looking for real estate in South Florida, including Coral Gables homes for sale, in the last 15 out of 16 months. The only time Brazil slipped was in July 2015 when Columbia took the lead.Other countries taking interest in the South Florida recently are Ecuador and Israel.Learn more about the global market and its interest in South Florida real estate. 12/09/2015

Autumn typically sees the real estate market slowing down, and this year will probably be no exception for some markets in the country. The trend to settle into the holiday season may have your expectations almost looking for slow downs in the housing market, but there are predictions that seem quite stimulating for the next few months.Analysts are predicting the continued move toward a healthier more normalized real estate market, even in areas like Weston luxury homes, Coral Gables luxury homes and similar properties.See what other trends mortgage analysts and real estate professionals are predicting so you can plan your end of the year and start of the new one. 11/18/2015

On June 12th, the Coral Gables commission approved the city’s biggest development project ever—“The Mediterranean Village” a 7.1-acre Coral Gables project once known as Old Spanish Village.After more than three years of hard and persistent work the project got finally approved. The massive $500 million plan developed by Agave Ponce LLC will include:a high-end business hoteloffice space restaurants,retail establishments and a gym214 condo units and 15 townhouses.Construction paper work will take about six (6) months, plus three (3) months to apply for building permits. The project is estimated to be completed in four (4) years including the paper work and permitting time. The developer is Agave Holdings, LLC a company related to the tequila giant José Cuervo. Agave is the owner and opera... 10/21/2015

On June 12th, the Coral Gables commission approved the city’s biggest development project ever—“The Mediterranean Village” a 7.1-acre Coral Gables project once known as Old Spanish Village.After more than three years of hard and persistent work the project got finally approved. The massive $500 million plan developed by Agave Ponce LLC will include: a high-end business hotel office space restaurants, retail establishments and a gym 214 condo units and 15 townhouses. Construction paper work will take about six (6) months, plus three (3) months to apply for building permits. The project is estimated to be completed in four (4) years including the paper work and permitting time.The developer is Agave Holdings, LLC a company related to the tequila giant José Cuervo. Agave is the owner and o... 10/21/2015

The Coral Gables submarket continues to strengthen with office vacancy reaching historical lows and all time high sales prices being set. Most notably the Ponce de Leon Blvd corridor has experienced tremendous growth in multifamily, retail and office.Properties benefit from the acquisition and planned redevelopment of Douglas entrance. Among the relevant factors that contribute to the strength of the Coral Gables office market are: The institutional quality, amenities, easy access/egress, and proximity to the Miami International Airport. Companies are looking to consolidate their headquarters in the gables area. For instance HBO Latin America just consolidated its headquarters by leasing 70,000 square feet at 396 Alhambra Circle. Definitively Miami is the hub for Latin America, and the ... 10/09/2015

Hurricane windows in Florida homes, such as Coral Gables luxury homes, have become standard. Home owners without them are turning more frequently to impact glass. This home improvement addition is a great preventative measure in the Florida area, and add value to a home upon resale.What home owners need to be aware of are the new energy codes that were instituted this year by the Florida Building Commission. These changes affect how insulated impact glass windows are made, and are meeting with a lot of resistance from manufacturers. Learn more about the new energy codes and how these newly instituted rules might be changing. 10/01/2015

Real estate professionals always need to stay abreast of the latest market trends in order to keep themselves as well as their customers informed. One of the newest shifts in the real estate arena is the use of digital media.Whether it is searching to buy homes for sale in Oviedo or renting Coral Gables luxury homes, knowing how consumers are using the latest in digital technology in their home search process was the goal of study conducted by Google and the National Association of Realtors.Learn more about how today’s uber-connected home buyer is using the digital marketplace and what role real estate professional do and can play to stay competitive. 09/21/2015

According to a new study, immigrants are becoming increasingly an important part of the U.S. home buying home market.Whether it is Coral Gables luxury homes, Palm Beach Gardens luxury homes, or properties across the nation, can immigrants be expected to assimilate enough to buy their own homes and become an important part of the real estate market?A study released by the Center for American Progress projects immigrants’ integration into American society through the year 2030, entitled “Assimilation Tomorrow” examines this topic and how America’s immigrants will be integrating.Authored by University of Southern California Professor Dowell Myers that teaches, researches, and studies demography and urban planning in the School of Policy, Planning, and Development, along with USC Research A... 09/15/2015

Available mortgage credit continues to increase, which is great news for home buyers looking at Coral Gables luxury homes, Weston luxury homes, or other similar real estate properties. According to the monthly report from the Mortgage Credit Availability Index (MCAI), credit availability is loosening across the nation. August numbers are just another indicator that mortgage credit availability is becoming more obtainable for interested home buyers. In fact, the MCAI shows mortgage credit availability has increased 8 of the past 9 months. The MCAI comes from a study by the Mortgage Bankers Association (MBA). Learn more about the August available mortgage credit report. 09/10/2015

With schools everywhere back in session, many home owners start thinking about their fall gardens. In Florida, the growing seasons are much the same. From spring and fall, the weather is warm and moist. All the more reason to think about growing your own!  If adding a garden to Coral Gables luxury homes has ever crossed your mind, then you need to consider whether you want an in-ground or raised bed. There are pros and cons to both. Find out what will work best for Coral Gables luxury homes and start planting your beans, tomatoes, broccoli, cabbage and collards now! 09/03/2015

 Wine Cellar and tasting room that is! This stunning estate in Coral Gables famed Gables Estates offers every imaginable amenity in just under 15,000 air-conditioned square feet.As you motor up the cobblestone drive the magnificent Mediterranean styled hacienda greets you with welcoming charm. The spectacular staircase takes you up to the 7 bedroom suites all with water views. This home sports 270 feet of waterfront luxury with direct ocean access.Cocktails on the terrace anyone? There are several to choose from and all are equally glorious.Let's not forget the fabulous pool for those sun drenched south Florida days!Call this home tomorrow by calling Marco Giancola today!Asking $22,500,000 08/31/2015

Catastrophic damage can be done to Coral Gables luxury homes or any other type of residential property if flooding starts when no one is at home. If home owners are on vacation, water sitting in a home for any extended period of time can make the situation even worse. What many home owners don’t realize is that flooding to Coral Gables luxury homes are not typically caused by natural disasters, even with the threat of hurricanes. It is a failure in an appliance or plumbing that usually causes the most water damage in homes.  Find out how you can prevent accidental flooding by inspecting these appliance culprits. 08/19/2015

Buying and moving into a new home, especially Coral Gables luxury homes, can be a very exciting time for everyone, except may be the kids. Children can get very attached to the people they know and places they frequent.Moving can be an exceptionally stressful time for children. When making a move, keep in mind that the children in your life may need some extra time and special attention as the family prepares to make this transition. Learn what you can do to help make the move easier for kids by using the following tips: 08/12/2015

In today’s visual society, home owners wanting to sell their Coral Gables luxury homes, Weston luxury homes, or other real estate property need to consider posting a virtual tour of their home online. Since virtual tours are the closest thing to physically touring a house it is an easy way to get a lot of interested home buyers to see your home before actual scheduling tour. This helps eliminate those who aren’t really interested, and so you can make time for serious home buyers. Get 10 tips on how to present your home in a virtual tour and then call real estate sales professionals, like Berkshire Hathaway HomeServices Florida Realty, who can help get your property on the Web and sold fast! 08/10/2015

Coral Gables luxury homes are some of the finest pieces of real estate on Florida’s Southwest coast. Potential homebuyers can easily be enticed into securing one of these stunningly beautiful Coral Gables luxury homes only to find out carrying such a substantial home mortgage is more than they expected.  Financial difficulties and other circumstances beyond your control may occur causing you to fall behind on your mortgage payments. If you are experiencing this type of situation or soon will not be able to make your mortgage payments on your Coral Gables luxury homes, there are options worth pursuing with your lender.  There are several options you can explore to assist you during difficult times. Forbearance: A forbearance is a temporary suspension of payments sometimes offered if a bo... 07/31/2015

Living in Florida is fantastic, but the summer months can get very, very hot.Coral Gables luxury homes, Palm Beach Gardens luxury homes, and other residences across the state can really feel the heat right now. Energy costs can more than double for some residents who don’t monitor their home’s utility usage.There are some really simple ways that Coral Gables luxury homes, Palm Beach Gardens luxury homes, and other places can minimize their energy costs while staying comfortable. For example, by being thermostat smart, home owners can save up to five percent on their cooling bill.Get more tips now!  07/22/2015