Wednesday, May 22, 2019

HOW TO AVOID BEING SCAMMED WHEN INVESTING IN SOUTH FLORIDA


Thanks to new technologies, scammers increasingly perfect their techniques to deceive people. However, there are ways to avoid them and reduce probabilities of being the victim of a scam. Here are some recommendations to avoid being scammed.






VERIFY THE OWNERSHIP OF THE PROPERTY

Every day, there is news of real estate fraud in Miami. In fact, foreigners are the main target of scammers. Real estate title fraud is a classic way to scam. It consists of scammers pretending to be the owners of a property, using false documents and creating a new mortgage to make the real owner responsible for payments. For this reason, make sure the property ownership is right before signing. This information can be accessed in the Land Registry.

DO NOT PAY IN ADVANCE

If you want to buy or rent a property from a private individual instead of an agency, you have to be careful and demand safe payment methods. Avoid, as much as possible, transferring amounts to an account without securing the ownership of the property.




CONSULT WITH EXPERTS

The best option is to look for help from real estate professionals such as lawyers specialized in real estate, property status evaluators or real estate companies. However, you have to make sure that the agents or the real state company hired are authentic and reliable. We know that it will probably result in extra costs, but it’s better to be safe than sorry.

For these cases, our task at Doral Riches is to guide you so that you can choose the method that works best for you.






Friday, April 19, 2019

SHOULD YOU RENT OR BUY A PROPERTY IN MIAMI?



Miami is considered one of the most influential cities in Florida not only because of its nightlife, beaches, environment, and gastronomy, but also because of its high-level properties, houses and apartments for sale or rent. If you’re looking for a comfortable place to live, properties in Miami are usually exclusive and luxurious. In addition, Florida offers you a pleasant climate and incredible places to visit.

Many buyers choose Miami as a location to buy a property since its growth and sales demand favors purchase opportunities for all audiences. In fact, at the beginning of 2019, Realtor.com surprised us with a report that predicted the 3,3 percent of sales growth in Miami. This is due to developers starting to build moderately priced bungalows and townhomes surrounding West Palm Beach and Fort Lauderdale.

On the other hand, rental homes and apartments in Miami can also be found at rebate prices or real estate auctions. In this case, the demand for property rentals has grown by 10%, due to the influence of people who want to rent an apartment for a vacation, or to have a place to relax near the beach.

Another aspect to consider is the maintenance of the property. When you rent a property, the owner is probably responsible for maintenance and costs. But if you’re the owner and parts of the furniture get damaged, you’re responsible of fixing it or hiring someone to do it. If you’re not ready to maintain your home, renting is the best option for you.

No matter if your decision is to buy or rent; undoubtedly, Miami will become your favorite place, since it offers everything you need to enjoy with your family and friends, and of course, make the best investment of your life.

Thursday, March 21, 2019


WHAT TO CONSIDER BEFORE BUYING A PROPERTY IN SOUTH FLORIDA?

Buying a home is, without a doubt, one of the most important and thoughtful decisions of our life. This is why it’s very important for us that our clients satisfactorily choose their dream home. Here are some things you must take into account before buying a property.

1     1)   INVESTMENT




Before investing in a property, it is important to keep in mind the costs associated with the purchase, such as the price of the property, the payment of the loan to the bank or lender, the payment of insurance, and property and condominium associations or owner taxes.


2) LOCATION



Choosing the right place for a buyer and his family to make them feel comfortable during the time they will stay there depends on knowing about the culture in the area, the schools, the public services, etc.

3) PERSONAL NEEDS



Personal well-being is important in cases when a member of the family needs special attention. An elevator, a baby’s room, a park, and even a pool are amenities that have to be considered in terms of indispensability.

4) LENDER OR FINANCIAL INSTITUTION



A loan could simplify the process during the purchase of the property, even if the bank operates in another country.




Thursday, February 21, 2019

TOP 7 BEST LUXURY NEIGHBORHOODS IN FLORIDA


DORAL

It is one of the most popular neighborhoods due to its strategic localization. This place is surrounded by iconic tourist sites such as Vizcaya Museums and Gardens, Miami international Mall, Miami Design District, and Miami International Airport, which is why this neighborhood has become an excellent point of attraction for investors.




BRICKELL

Brickell is an urban neighborhood in Greater Downtown Miami. This place is one of the fastest growing destinations for tourists and immigrants. Brickell also mixes the old and the new architectonic culture of the city. Here, we can find a large list of luxury hotels and historic condos. In fact, according to Forbes, Brickell is the hotspot with the most newly built condos, and nearly tripling its population between 2000 and 2016.







KEY BISCAYNE

Hotels, restaurants and attractions are probably the most suitable words to describe Key Biscayne. This little exotic island is located in the center of Miami and offers a wide variety of outdoor recreational activities, including boating, fishing, tennis, golf, bicycling, amongst other things.





MIAMI BEACH
  
Known for its Latin culture influences and night lifestyle, Miami Beach is a group of islands located east of Miami that seems to be the most attractive for tourists. Either for walking on the beach, or to party at night, this area is essential to visit, to enjoy the sun, and to have once-in-a-lifetime fun.



CORAL GABLES

Coral Gables is a movie neighborhood. Its huge mansions surrounded by manicured gardens and immaculate streets give the impression of being an almost perfect place to live.


COCONUT GROVE

Coconut Grove is a neighborhood located in South Miami. It is characterized by its modernity and tropical environment. Today, it’s home to professionals in different areas, such as advertising agencies, design and architecture firms, film and TV production, and developers of all kinds.





Thursday, January 17, 2019

Which type of property is ideal for you


Choosing a property is not easy. If you are looking for a home in which to live, there are many aspects that you should take into account. A home should be your refuge from the world, a place of peace and encounter with your family. To choose your ideal type of property, you must visualize yourself in it and feel comfortable.
To do it, the first thing you should do is define what you want, what type of home you are looking for, in order to reduce the search range and make it easier for you to find the right home. To help you, we have prepared a list of things you should keep in mind.

What is your budget?

This should be the first question you should answer yourself. Before looking for any property, you should check your budget. Based on that, you can find your ideal home. This is a great starting point!


Who do you live with?
This is a very important aspect. You should take into account the number of people who will live in your house to know what type of house is ideal for you. If you live alone, a beautiful apartment could be your perfect place. You will save maintenance expenses and, while your budget and your family grow, an apartment with a beautiful view is your ideal option.

Where do you work?
If you work at home, you should look for a place that suits your needs. It needs to have the necessary space so that the work doesn’t mix with your daily life. If you work outside the home, you should make sure that your home is close to your place of work. At the beginning, long commuting might not bother you, but it will soon matter.

Much space?
If you have a large family and want to buy a house, there are properties in South Florida that will be perfect for you. Spacious houses so that your family has the necessary space to grow and develop comfortably. If you live alone but you like open spaces and enjoy the outdoors, this is still an excellent option for you.

Are you near public places and hospitals?
You must take into account if the house you like is far away from places you could visit often; Florida is full of things you can do. You also should be near hospitals, in case you might need them. Remember that things happen when you least expect it, you must take precautions.

Would you like to be visited?
It is important that, if you like company, you choose central places to live. Your family and your friends will probably want to visit you, try not to make them cross the city to see you or have to do it yourself.


Foto: www.entrepreneur.com


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