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  • Listing Agent Tyranny

    Big-Fish-Little-Pond

    Acting bigger than you are.

    I had an interesting conversation with a foreclosure property listing agent just now.  Did I say interesting?  It was more like infuriating.  And if you know me, you know what happens when I become infuriated;  I write a blog post.

    The property being discussed happens to be a Veterans Administration (VA) foreclosure.  My buyer submitted an offer on the property and after some negotiations, it was accepted by the VA.

    Read the rest of this entry »

    Spoken by Maggie Dokic | Discussion: Comments Off

    Wine on Harvest Moon Back at Deering Estate

    14-Wine-Harvest-Moon

    Palmetto Bay – Wine on Harvest Moon is back for its annual appearance at the Deering Estate!  The Deering Estate Foundation is hosting its 13th annual Wine on Harvest Moon event this Saturday, October 11th, from 7:30 to 10:30.  Tickets are limited so make sure to get yours in time.  Information can be found at www.deeringestate.org or by calling 305.235.1668 X263.  Wunderbar!

    Spoken by Maggie Dokic | Discussion: Comments Off

    What’s a CMA & Why Do I Need One?

    home-valueIf you’ve been considering selling or refinancing your Miami home, you may have had a real estate agent offer you a CMA. So what’s a CMA and why do you need one anyway?

    A CMA is a Comparative Market Analysis and, if done correctly, should provide you with a good idea of what your home is worth. It usually gives a range, not an exact amount.

    A CMA is not an appraisal nor does it take the place of one. There are cases where an appraisal is needed and Realtors are not licensed to appraise a home (unless they are actually also licensed appraisers). My real estate license allows me to provide an approximation of value, but I cannot call it an appraisal, because it isn’t.

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    Spoken by Maggie Dokic | Discussion: Comments Off

    Quit Claim Deed – DIY Can Bring Problems

    deedWhen transferring title to a property, many folks just go online and find a Quit Claim Deed form and file it themselves. Even though they aren’t sure if it’s the best way to transfer title.

    Owning a property, whether your primary residence or an investment, is likely to be one of the biggest purchases a person makes in their lifetime. Why risk that investment by trying to save money on legal fees? Unless you’re fully versed in real estate laws and know that what you’re doing won’t come back to bite you in the proverbial butt, you should seek legal counsel in such matters.

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    Spoken by Maggie Dokic | Discussion: Comments Off

    Condo Owners At Risk of Forced Sales

    brokenIf you’re a condo owner in the state of Florida, a law change that happened in 2007 could allow you to end up homeless.

    The law is not very well known. I’m a real estate broker and I wasn’t even aware of this until I read about it this morning. And because of the negative impact it can have on condo owners, I felt compelled to write about it.

    Apparently, prior to the change, in order to dissolve a condominium association you needed 100% vote. That meant that every single unit owner had to agree to the dissolution.

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    Spoken by Maggie Dokic | Discussion: Comments Off

    Are You Entitled to Foreclosure Funds?

    moneyWith the value of homes rising in Miami, some folks could be due surplus money of a home that’s foreclosed, but may not be aware of it. Home owners who are being foreclosed sometimes get so frustrated that they ignore the mail that comes their way. Is that you? Don’t!

    There are cases of foreclosures selling for more than the bank’s judgment amount. And in that case, barring any other creditors, the homeowner may be entitled to funds.

    Read the rest of this entry »

    Spoken by Maggie Dokic | Discussion: Comments Off

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    These articles are not intended to give legal or tax advice, and you should consult your attorney or financial advisor for additional information.

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