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April 2007
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4 interesting subjects this month:
- A snapshot at the real estate market
- A solution to avoid closing on your
preconstruction
- Paramount on the Bay promotion
- Our usual deal of the month
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How is the real estate market going? |
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When home sales on a national basis started slowing
down in 2006, the conclusion of much of the national
media coverage was that a bubble is bursting. "it's
really no different than the dotcom bust" an April 2006
article in the Wall Street Journal quotes one person as
saying. The National Association of realtors leaders
have consistently called such views misleading,
because they apply what's going on in a few
struggling markets to a national trend.
Before the shift, prices had indeed risen dramatically
in many markets, we are back to normal times now.
What you have to look at is the historical surve. Right
now, with lots of inventory an interest rates still
extremly low, conditions are terrific for
buyers.
As of December 2006, there was a 7.4 month supply
of homes available for sale, a far cry from the 4.9
month supply just a year earlier. it means that
inventory is closer to historical norms than it has been
in the past years.
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Don't want to close on your preconstruction? |
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I am happy to announce that we have successfully
launched the first phase of our program to help
sellers of preconstruction condos sell their units
quickly.
This program is specifically for sellers who are willing
to resell their preconstruction condos at their original
contract price. Sellers will get 100% of their
deposit
back, and will have no further expenses.
We are creating a list of sellers. It's as simple as
that. There is no listing agreement with us, and you
can remove yourself from our list at any time. We
keep your identity private, and we do not publish your
unit number online.
The only things I will need from you is your purchase
price, name and unit number. As soon as we have an
extended list of sellers in the same building we will
propose it to our investors as a package.
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Paramount on the Bay Special Promotion |
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I am very pleased to bring you a special promotion
that we are starting today with the developers of
PARAMOUNT BAY. PARAMOUNT BAY is one of the
few PREMIUM condo projects currently in
development in Downtown Miami. You should also
know that every residence at PARAMOUNT BAY has a
private and secure elevator foyer. All residences are
flow-through units with direct and unobstructed bay
views. Pricing starts at $850,000 and the building is
now under construction
THE 30-DAY SPECIAL PROMOTION
If you purchase a unit at Paramount Bay anytime
between March 20, 2007 and April 20, 2007 you will
receive the following gifts and benefits:
1. NO CLOSING COSTS: Your 1.75%
developer fee will be waived, your initial 2-month
condo contribution will be paid and your first month of
maintenance will be paid. Other closing costs may
apply.
2. ONLY A 5% DEPOSIT NEEDED NOW:
Only a 5% deposit is needed now. Another 5% will be
due 6 months after your purchase. That's all you need
to put down until closing. Qualified buyers only.
3. A FREE BUILD-OUT PACKAGE: We're
making it as easy as possible to buy and move into
your new luxury condo. We are going to give you free
24' marble in all main areas of your condo, carpeting
in all bedrooms, paint throughout (color of your
choice) and window treatments.
4. A 0% COMMISSION ON YOUR RESALE OR
RENTAL: Zilbert Realty Group will offer you 0%
commission on resales or rentals if you resell or rent
your condo within 12 months of closing. A $500
administrative fee will apply.
5. A 1% CLOSING CREDIT FOR REFERRALS:
If you buy a condo during this promotion (or have
bought a unit at Paramount Bay anytime in the past),
you will receive a 1% credit at the closing of your unit
(based on your purchase price) if you refer a friend or
anyone else and that person purchases a Paramount
Bay condo unit during this promotion.
6. SPECIAL 8% INTEREST ON YOUR
DEPOSITS: If you make a 20% deposit on your
condo purchase, you will receive 8% interest on your
deposited funds, to be credited to you at closing.
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Deal of the month: $520,000 2 bedrooms at Marina Blue |
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Great chance to buy Marinablue.
Amazing views of the bay
9 ft. celings, granite countertop
Stainless steel appliances
Resort style master bath.
Enjoy the amenities of the Sky Beach on the 14th
floor
2 pools, beach volley, cold plunge and hot
tubarea
Party room, 5,050 gym with bay views.
Call me for more information: 305 491
5583
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Contact Information
Cell:
305 491 5583
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