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Real Estate News

Miami Real Estate Market
By Gustavo Farfan 

Property prices have dropped approximately 50% from its peak in many cases. 

The new bargain sector is the "Developer Short-Sales" which consist of unsold ready-to-occupy new development inventory with prices controlled directly by the Bank or the Lender.

Timing is everything, not all properties bottom-out at the same time, neither the market as a whole. Sensationalist media only confuses consumers by not providing them with all the information.

Complete and unbiased knowledge is paramount to have the upper hand when making a real estate investment decision in today's embattled buyers' market. That information can only come from a local seasoned industry professional.

"Pre-Approved Short Sales and Foreclosures" are on the rise and they come in waves.

The slow moving high-end market in Miami is still active but the properties that sell are only the ones priced at a fraction of it's peak.

MARKET ALERT 01-15-10

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By Gustavo Farfan

 

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BUY PROPERTY IN MIAMI AT BELOW CONSTRUCTION COST

NEW YORK PRESENTATION ON MARCH 5 and 6, AT THE FOUR SESASONS HOTEL
ONE-ON-ONE PRESENTATION - BY APPOINTMENT ONLY

There has been never a better time to take advantage of the opportunity of buying property at below replacement cost. Prices are given directly from banks and lenders. There might never be a better time to buy a second home in sunny Miami, the new "Manhattan of the South".

Join Gustavo Farfan in a one-on-one 45-Minute comprehensive presentation that will cover the following topics:

1. Miami Marketplace overview;
2. Description of Infinity At Brickell located in the prestigious Miami Financial District. Infinity at Brickell is a brand-new 54-story high-rise, ready-to-occupy;
3. All the legal aspects of the transaction including reservations, contracts and closing time-frame;
4. Financing options and
5. Legal advice.

In addition, we will present three Interior Design Custom-Packages options to deliver your new residence in Miami turn-key and ready for you to enjoy.

Appointments are required and space is limited.

Start Time:
Friday, March 5, 2010 From 9:00am To 5:00pm
End Time:
Saturday, March 6, 2010 From 9:00am To 5:00pm
Location:
Four Seasons Hotel, New York
Street:
57 East 57th Street, New York

RSVP: gustavofarfan@glfproperties.com
Please specify time required and contact information.

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MARKET ALERT 11-02-09

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By Gustavo Farfan

 

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BROWSE SOUTH FLORIDA REAL ESTATE PICTURES, Go to:

http://www.facebook.com/pages/Miami-FL/GLFpropertiescom/176070396182?ref=ts

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BEST BARGAINS IN THE MIAMI METRO AREA


I have hand picked these distressed properties
in South Florida based on YOUR most common search parameters. 

We can now acquire these properties at bargain prices
by making low offers directly to the Banks at BELOW REPLACEMENT VALUE.

 

To read the full story, please go to:

http://www.glfproperties.com/MiamiBargains.php

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ICON BRICKELL Q&A – Now Read the full Story in: ENGLISH - ESPAÑOL

 

I have received numerous e-mails and calls with questions regarding the marketplace, fair property prices, Short-Sales prices, Developer closeouts, etc. I also had a large number of requests to clarify some doubts that you may have regarding closing-or-not in brand new buildings at discounted prices by the developer, such Icon Brickell and Everglades on the Bay.

 

I have prepared a Q&A of the Icon Brickell, compiled from questions that I have received by e-mail and hopefully I will be able to address to the best of my knowledge.

Your input is very important to me, please let me know if I left any question unanswered.

  

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LUXURY RENTAL MARKET – YEARLY & SEASONAL

 

It's that time of the year, where South Florida becomes the place to be.

The weather is perfect and beaches can not get any better...


Select one of our Luxury Rental Properties below and enjoy

a Piece of Paradise while browsing for the real opportunities

 

To browse the Luxury Rentals, please go to:

http://www.glfproperties.com/Seasonal_Rentals.html

 

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BROWSE SOUTH FLORIDA REAL ESTATE PICTURES, Go to:

http://www.facebook.com/pages/Miami-FL/GLFpropertiescom/176070396182?ref=ts

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Gustavo Farfan wants to keep up with you on Twitter
To find out more about Twitter, visit the link below:
http://twitter.com/GLFproperties
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About Twitter
Twitter is a unique approach to communication and networking based on the
simple concept of status. What are you doing? What are your friends
doing—right now? With Twitter, you may answer this question over SMS or
the Web and the responses are shared between contacts.  





 
MIAMI MARKET ALERT 10-29-09 
By Gustavo Farfan

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Zalewski and McCabe confuse consumers?

 

The article published in Bloomberg news on October 16. 2009, by John Gittelshon could not be further away from the truth. 


Quoting Peter Zalewzky unproductive opinions manipulate the information only to the best of his interest. Zalewzky should not be trusted as an independent, unbiased opinion, what else can you expect from somebody that calls himself a “vulture”?...

To read the Full Article Please CLICK HERETo read the Full Article and make comments CLICK HERE to access my Active Rain Blog

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LOOKING FOR GENERAL REAL ESTATE BARGAINS?
And browse for the best Foreclosures and Short Sales in the Miami metro area.
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 ------------------------------------------------------
Gustavo Farfan is a Realtor that specializes in luxury waterfront properties, short sales, foreclosures and investment properties.
Please view my linked in profile at http://www.linkedin.com/in/gustavofarfan
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Gustavo Farfan
HRP Realty Services
GLF Properties
786-200-8700 Cell
786-350-0561 Cell
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MIAMI MARKET ALERT 10-14-09
By Gustavo Farfan

ESPAÑOL:
*Contactenos si necesitan que les enviemos estos articulos en Español.*

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THIS WEEK: TIMING IS EVERYTHING
By studying the market trends, we can steer direction and come with better strategies to cope with the embattled real estate market. The old cliché “when there is a problem, there is an opportunity” cannot be more real in today’s Miami’s real estate marketplace. Please read carefully, one of these opportunities could be for you.  
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IF YOU LOST MONEY IN THE REAL ESTATE MARKET
Where are really my deposits? How do I get them back?
How to profit from a group purchase approach.
 
If you made a commitment to purchase a property in pre-construction and you put down a deposit and did not go to the closing, technically you have bankrupted the Developer. The perception is that Developers, have big egos, are greedy and pushy, however there are some Developers that did deliver what they promised they would deliver. The market changed and affected every one of us the same... 

Please CLICK HERE to read the full article.

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ATTENTION:
CLIENTS FROM ICON BRICKELL, EVERGLADES, CAPITAL AT BRICKELL,
and similar buildings.

We are organizing a plan to negotiate the best alternative for each situation. We believe that we have leverage to profit from a bad situation, by presenting an offer directly to the bank.
I will keep you informed as I know more.
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NOT JUST RENT – RENT TO OWN
 
What if I tell you that you can apply your current rental payments for the next 12-24 months towards the purchase of your brand new home?
 
Purchase option programs are not a new thing, but to offer this in a brand new 50 story high-rise in a prime location directly across the bay, in the heart of Miami is good news. The program is very simple you can rent studios, flats and 1 bedroom apartments starting in the low $1,000’s...
Please CLICK HERE to read the full article.
 
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Select your rent-to-own property at Everglades,
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ADVICE:
NEVER BUY AT REGULAR MARKET PRICES AGAIN!
Buy only discounted bank or corporate owned property.
Learn how to buy at the lowest possible price.

Real Estate as we know it, has changed. Never again buy property at “ Regular MLS prices minus a discount”. If I were to buy a property myself I would...
Please CLICK HERE to read the full article.
 
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BUY PROPERTY IN THE HEART OF BRICKELL AT FORECLOSURE PRICES:
1 Bedroom starting at $135,000; 2 Bedrooms starting at $259,000 Limited Availability.
Brand new 50-story High-Rise, Excellent views and amenities, 2 blocks for Mary Brickell Village.
$200 per Sq. Ft.; Maintenance $0.45 per Sq. Ft. Living Area
Call me for individual purchases at bulk prices.
 
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LOOKING FOR GENERAL REAL ESTATE BARGAINS?
And browse for the best Foreclosures and Short Sales in the Miami metro area.
===================
 
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Gustavo Farfan is a Realtor with over 15 years of experience in the marketplace,
specialized in luxury waterfront properties, short sales, foreclosures and investment properties.
Please view my linked in profile at http://www.linkedin.com/in/gustavofarfan
-------------------------------------------------------
 
Gustavo Farfan
HRP Realty Services
GLF Properties
786-200-8700 Cell
786-350-0561 Cell
Skype: gfarfan1
 
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