Category Archives: Miami Beach foreclosures

The Advantages of a Short Sale vs. Foreclosure for Property Owners

By Allan Kleer | Published: October 21, 2009

I’ve been asked so many times over the past several months if there are any advantages to successfully accomplishing a “Short” sale versus just letting the Foreclosure process run its course.  So I’ve decided to write this post highlighting the major differences between a Short Sale and a Foreclosure, and how will it will probably [...]

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Miami Beach Short Sales and Foreclosures- An observation on Ethics and Broker Representation

By Allan Kleer | Published: July 21, 2009

My team and I recently had an interesting experience which I’d like to share with our readers. Last week, we placed an offer on a condominium offered as a short sale at the Murano Grande in Miami Beach.  We only went through the effort of contacting one of our most loyal and best buyers after [...]

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Foreclosed and Bank Owned Homes in Miami Beach

By Allan Kleer | Published: May 18, 2009

I keep receiving many inquires and requests from Buyers (both from USA and International clients) about the possibility of purchasing a foreclosed, or bank owned, single family home in Miami Beach.  There continues to be a significant gap between the sought-after upper-end luxury market and the less desirable, and generally non-waterfront properties.  Most importantly, we’re [...]

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Miami Beach Luxury Condo- Bank Approved Foreclosure Deal

By Allan Kleer | Published: March 17, 2009

What I especially like about this latest bank approved condo is that it represents a genuine VALUE for the savvy real estate investor or potential owner/user. This price point represents a value that is FAR below replacement cost. The annual rental income on this premier luxury Miami Beach condo is approx. $4,500/month for short term [...]

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Miami Beach Real Estate (South of Fifth Street Condos) – Latest Sales – The Facts

By Allan Kleer | Published: March 3, 2009

The level of interest and calls from former (and many new) clients looking to purchase Foreclosure and Bank Controlled condos as well as Short Sales has significantly increased in the past few months.  The strongest downward price pressure is occurring due to distressed and short sales.  However, the high end of the luxury condo market, [...]

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