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Looking to buy a Miami-Dade home? Here are helpful tips to close a deal in hot market

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Looking to buy a Miami-Dade home? Here are helpful tips to close a deal in hot market


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For many individuals, it’s troublesome to purchase a home within the hotly aggressive Miami-Dade housing market.

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dsantiago@miamiherald.com

Shopping for a house now in Miami-Dade County is sort of difficult, significantly for middle-class residents who need to buy slightly than hold renting.

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Three native consultants, The Keyes Firm actual property agent Maria Carillo, Grant Stern, Morningside Mortgage president and mortgage dealer, and Nancy Klock Corey, a Coldwell Banker Realty regional president, provided suggestions for folks to higher place themselves on this aggressive and costly housing market.

Don’t hesitate to make provides

Transfer shortly to make a suggestion whenever you discover a property that you’re taken with shopping for due to the aggressive nature of the Miami-area housing market and the lean stock of houses that can be purchased.

“When you have 20 showings and also you get 5 good provides, you don’t must proceed to indicate,” Carillo mentioned. “Some folks have a time-frame and say provides can be due in every week. Then, it’s a little bit higher for the client.”

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Get prequalified for a mortgage

As quickly as attainable within the homebuying course of, study financing and decide the mortgages and associated monetary phrases for which you qualify.

“Ensure you get prequalified based mostly on rates of interest proper now. Figuring out the place you stand issues,” Stern mentioned.

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Work with responsive mortgage professionals

Work with a mortgage dealer or lender that may shortly meet your wants. The homebuying routine strikes at a speedy tempo so having a mortgage skilled that may reply to your questions promptly makes a big distinction to have the ability to shut on a deal.

Paying sellers’ prices may help you land a home

Nancy Klock Corey, a Coldwell Banker Realty regional president, mentioned doing issues to profit sellers like paying their prices to promote could make them extra enticing as patrons.

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“They could need to contemplate paying sellers’ prices like duck stamps,” she mentioned.

Flexibility is essential

Consumers needs to be versatile and be ready for any vendor state of affairs.

“It’s possible you’ll need to be ready for a vendor who needs to remain in a property after closing,” Corey mentioned, for example.

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Store aggressively for house owner insurance coverage

Store round for an insurance coverage agent that may quote you a value on a property insurance coverage coverage that meets your wants as quickly as you discover a house you want.

“The primary time you discover a property, quote all people,” Stern mentioned. “Insurance coverage brokers may have a broad vary on what they cost they usually earn more money on increased premiums.”

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Perceive how location impacts house costs

Shopping for a house close to an space corresponding to a flood zone usually presents dangers and results in increased insurance coverage and different prices.

“If these are the locations you’re trying … your greenback gained’t go as far,” Stern mentioned.

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Put together for one more 12 months of tight housing stock

Specialists predict Miami-Dade will stay a scorching housing market all year long, which implies anticipate excessive value tags on houses and loads of competitors to purchase.

This story was initially printed April 20, 2022 8:24 PM.

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Michael Butler writes concerning the residential and industrial actual property business and developments within the native housing market. Similar to Miami’s numerous inhabitants, Butler, a Temple College graduate, has each native roots and a Panamanian heritage.





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Miami, FL

Women's Basketball: Miami blows out Nevada in Maui, 84-53

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Women's Basketball: Miami blows out Nevada in Maui, 84-53


MAUI, Hawaii – Haley Cavinder recorded her second consecutive double-double with a 25-point, 12-rebound performance, and the University of Miami women’s basketball team shot an exceptional 60.0 percent from the field and 47.1 percent from behind the arc en route to a dominant 84-53 victory over Nevada (5-7) to open the Maui Classic. With the victory, the Hurricanes (10-1, 1-0) improved to 10-1.

Haley Cavinder was sensational yet again for Miami, as she dropped a game-high 25 points on 11-16 shooting from the field, including 2-4 from behind the arc, and grabbed a game-high 12 rebounds and dished out a game-high seven assists.

Cameron Williams poured in 14 points and grabbed seven rebounds, Natalija Marshall chipped in 12 points, and Darrione Rogers scored 11 points as four Miami players reached double figures in the contest.

Miami was tremendous on both ends of the court, as they recorded season-high clips of 60.0 percent shooting from the field (33-55) and 47.1 percent from behind the arc (8-17) while limiting Nevada to just 39.3 percent shooting from the field and 28.0 percent from behind the arc. The Canes dominated the glass, outrebounding Nevada 33-21, and Miami outscored Nevada in the paint, 44-24.

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The Canes also had a season-low seven turnovers, as they cared for the basketball exceptionally. After falling behind 13-11 late in the first quarter, Miami reeled off a 4-0 run to end the stanza, as they held a 15-13 lead entering the second period. The Canes opened the second quarter of an 8-0 run, extending the lead up to 10 points at the 6:54 mark in the period. Miami continued their dominant play, leading 39-26 at halftime.

The Canes were sensational in the third quarter, as they shot 66.7 percent from the field and 50.0 percent from behind the arc, outscoring Nevada 24-12 to take a 63-38 lead into the final period.

Miami cruised over the last 10 minutes, earning the 31-point victory over Nevada to open the Maui Classic. The Canes will return to the court Friday evening, as they are set to face Oregon State at 11 p.m.

Courtesy of Miami Athletics



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Miami Heat Veteran Emphatically Endorses Teammate for All-Star Game

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Miami Heat Veteran Emphatically Endorses Teammate for All-Star Game


Any basketball fan can make the case Miami Heat guard Tyler Herro deserves All-Star honors.

We wish them luck in creating a better endorsement than Terry Rozier. 

The Miami Heat social media team released a snippet of a video Thursday evening asking players to make a case for one teammate to make the All-Star Game. The brief clip featured Rozier pounding his fist and replying, “That’s easy.”

“Cold-ass white boy,” Rozier said, briefly going off camera before returning. “Tyler Herro.”

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You can feel however you want about Rozier, especially after his struggles earlier this season. We feel two things are nonetheless true. 

First off, the endorsement itself is awesome. The NBA All-Star Game (and all-star games in general) may not have the same relevancy, excitement, or format of decades ago, but it’s always nice to see players creatively stump for their teammates. 

Rozier certainly went the extra length to ensure voters know to support Herro. 

More importantly, Herro is well on pace to earn his first All-Star selection. He averages 24.1 points, 5.3 rebounds, and 4.8 assists. 

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Herro’s 47.6 shooting percentage is easily a career-high, and he’s played in all 24 games. It’s not hard to imagine where the Heat would be without Herro’s stellar performances at point guard.

NBA All-Star Game voting runs through Jan. 20. If you’re on the fence about voting for Herro, just keep Rozier in mind.

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Jake Elman works as a contributing writer to Miami Heat on SI. He can be reached at jakeelman97@gmail.com or follow him on X @JakeElman97.





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Police chase of carjacker ends in Miami Gardens strip mall parking lot

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Police chase of carjacker ends in Miami Gardens strip mall parking lot


Police chase of carjacker ends in Miami Gardens strip mall parking lot – CBS Miami

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The Broward Sheriff’s Office initiated the pursuit which ended at US 441 and NW 209 Street. One person was taken into custody.

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