One Paraiso Miami

May 23rd, 2015

One Paraiso Miami

One Paraiso Miami

600 NE 31st St, Miami, FL 33137

 

Miami is an absolutely ideal place to stay with everything at reach and fun events. The city that is close to the beach for some breezy feel.  We have endless list of reasons to stay in Miami so choose your home here in Miami. Ever since, Miami offers homes that suits your ever need. Now Miami is presenting an ongoing project to be completed in 2016: One Paraiso Condominium in Miami. This is another work of excellence by Arquitectonica is about to rise.

One Paraiso Miami

Located on the Edgewater of Miami is a two-acre property directly on Biscayne Bay boasts of an exquisite design from the surface to its interiors. It offers more than just comfortable home but a place of luxury that suits your needs in the 53 floors with 276 luxury units and penthouses. Each elegantly designed with access to a magnificent view.

 

One Paraiso Miami Amenities:

  • Double-height lobby with direct views of Biscayne Bay
  • Expansive pool deck on the 10th floor with a beach-entry pool, cabanas and barbecue grilling area
  • Highly attentive concierge staff and services, including convenient mail and receiving desk
  • Library
  • Lobby level “adult” tanning pool
  • Multi-purpose children’s playroom
  • Party room / Business center
  • Planned beach club bay front restaurant operated by renowned chef Michael Schwartz
  • Tennis center with two lighted courts
  • Theater
  • Twenty-four (24) hour complimentary valet
  • Twenty-four (24) hour attended security services and controlled access
  • Two full floors of amenities on the 10th and 11th floors

One Paraiso Miami residence features:

  • Advanced technology “smart building”
  • panoramic views of Biscayne Bay and Miami Beach from all residences
  • Energy-efficient, tinted, impact-resistant, floor-to-ceiling sliding glass doors and windows
  • Expanded terrace extension on select floors as part of the design element of the towers
  • Individually controlled, energy-efficient central air conditioning and heating systems
  • Private elevator access and entry foyers in all residences
  • Smooth-finish ceilings from 9’0″ on typical floors to 10’0″ on penthouse levels
  • Wide private terraces with glass railings for unobstructed views, accessible from living rooms and master bedrooms

One Paraiso Miami

One Paraiso is the home that you and your family deserve. Come home to a paradise. Don’t look that far because it is just around the corner. Make your dreams to reality now!

Source: miamicondolifestyle.com

Photo Credit: oneparaisomiami.com

 

Check out available condominium units and homes in Miami. Contact Ralph Magin, your trusted real estate agent, at 305-935-2696 or visit www.ralphmagin.com for real estate inquiries.

 

Ralph Magin, GRI, CRB – Keller Williams Elite Properties
Broker Associate – 35 Years Experience
305.935.2696 Fax 305.328.9267
RalphMagin@yahoo.com- www.RalphMagin.com

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Spring Festival at North Miami Beach

May 14th, 2015

Spring Festival at North Miami Beach

Spring Festival at North Miami Beach

Sunday, May 17, 2015

Spring Festival at North Miami BeachTime is something that we spend and never comes back. Spend the most of your time with quality. Family time is the best time anyone can have. Rise and shine this weekend for some exciting family – friendly activities and enjoy in the city of fun and beauty.

This Sunday, May 17, 2015 is a great day for the family to come together and enjoy the activities brought by the North Miami Beach Mayor and Council, the North Miami Beach Community Redevelopment Agency, and Miami-Dade County Department of Cultural Affairs and the Cultural Affairs Council, the Miami-Dade County Mayor and Board of County Commissioners.  Expect more, more and more enjoyment that you’ll surely don’t want to miss.  Music, dance, arts & crafts, a farmer’s market and much more are waiting for you. The best thing is it is for free.  No tickets and no admission fee is required just bring you and your family and enjoy the day.

Spring Festival at North Miami Beach

Come all to a family festivity on the intersection of Hanford Boulevard (164th Street) and 19th Avenue on Sunday, May 17, 2015.  Miami Beach community wants the family to have the best time shared for a memory that will last forever.

Sources: citynmb.com

Photo credits: citynmb.com, active.com

Check out available condominium units and homes in Miami. Contact Ralph Magin, your trusted real estate agent, at 305-935-2696 or visit www.ralphmagin.com for real estate inquiries.

Ralph Magin, GRI, CRB – Keller Williams Elite Properties
Broker Associate – 35 Years Experience
305.935.2696 Fax 305.328.9267
RalphMagin@yahoo.com- www.RalphMagin.com

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Parque Towers at St. Tropez Sunny Isles

May 6th, 2015

Parque Towers at St. Tropez Sunny Isles

Parque Towers at St. Tropez Sunny Isles

330 Sunny Isles Blvd, Sunny Isles Beach Florida 33160

 

Sunny has always been akin to luxury and sophistication. Every corner of Sunny Isles offer the best living from the ambience, infrastructure, amenities and everything that the city has to offer is only the best. Owning a home in the finest setting is beyond comparable which makes Sunny Isles as on e of the most desirable places in the South. The ongoing construction of a luxurious home excites everyone at Sunny Isles. Here to come is the Parque Towers at St. Tropez Sunny Isles.

A project of J. Milton and Associates will be completed by next year. This 26 story two tower residence promises only the finest when it comes to design, facilities, amenities and service. The 320 units are intricately designed with a distinctive South Florida architecture that offers only the magnificent view of the Florida waters and the city. Enjoy all the perks of living in Parque Towers at St. Tropez Sunny Isles.

 Parque Towers at St. Tropez Sunny Isles

Parque Towers Facilities and Amenities:

Five Resort-Style Pools

Hotel Guest Suites

Exclusive Kid’s Club

Al Fresco Dining

Private Beach Club

Sunset Suite

Physical Fitness and Wellness

Indoor/Outdoor Event Space

Private Cinema

Business Center

Towne Center

Concierge Service and more

 

Your family is the best thing in the world and deserves only the best. You’ll never want another home when you’re in Parque Towers. So reserve your future home now. For more information you may visit Parque Towers website.

Source: parquetowers.com

Photo Credits: myluxuryhomesouthflorida.com, parquetowers.com

 

Check out available condo units in Sunny Isles. Call a trusted real estate man for a hassle free and comfortable real estate experience. Dial in 305-935-2696 and look for Ralph Magin.

Ralph Magin, GRI, CRB – Keller Williams Elite Properties
Broker Associate – 35 Years Experience
305.935.2696 Fax 305.328.9267
RalphMagin@yahoo.com- www.RalphMagin.com

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Calling All Flower Children: Greynolds Park Love In 2015

April 29th, 2015

Calling All Flower Children: Greynolds Park Love In 2015

Calling All Flower Children: Greynolds Park Love In 2015
Sunday, May 3, 2015
17530 W Dixie Hwy, North Miami Beach, FL 33160

Let’s all flashback to the days of grooving in the 60’s and 70’s with the annual celebration of Greynolds Park Love-In. This family celebration keeps us to the time of hip music and culture featuring an all out family-friendly outdoor festival atmosphere and all day performances.

This year’s theme “Calling All Flower Children: Greynolds Park Love In” is a great opportunity to celebrate the hip years with the whole family and this will not only be enjoyed by the 60’s and 70’s people but even the modern children. Get your tickets now! Admission rate is for $15 advance, $20 at the door and kids 12 and under is free.

Calling All Flower Children: Greynolds Park Love In 2015

Dance and sing along to the performances of:
Blackstar
The Long Run
Mr. Nice Guy
The Family Stone
The Guess Who

Get to the most exciting family event in Miami. Join the blowout celebration at Greynolds Park this Sunday, May 3, 2015. The show starts at 11 AM so be there and chill at the right spot. Groove all day to the “Calling All Flower Children: Greynolds Park Love In.”

Sources:miamipartyinthepark.com, miamiherald.com
Photo credits: skylineonline.com,theagencyofthechoice.com,tumbler.com

Check out available condominium units and homes in Miami. Contact Ralph Magin, your trusted real estate agent, at 305-935-2696 or visit www.ralphmagin.com for real estate inquiries.

 

Ralph Magin, GRI, CRB - Keller Williams Elite Properties
Broker Associate – 35 Years Experience
305.935.2696 Fax 305.328.9267
RalphMagin@yahoo.com www.RalphMagin.com

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Follow the Rules for a Tax-Free Home Sale

April 7th, 2015

Follow the Rules for a Tax-Free Home Sale

By: Michele Lerner

Follow the Rules for a Tax-Free Home Sale

When you are ready to sell your home you are probably focused on your potential profits, particularly if you plan to buy another home with the proceeds from the sale.

While REALTOR® commissions and other closing costs will impact how much you keep from the transaction, fortunately, if you’re like most sellers, you won’t have to pay a capital gains tax on your federal income tax return on profits up to $250,000 or $500,000 depending on how you file your taxes.

The Taxpayer Relief Act of 1997 made it easier for more sellers to qualify for the capital gains tax exclusion. Prior to that date, the exclusion was limited to a once-in-a-lifetime benefit and only to sellers over age 55.

There are a few requirements you must meet to avoid capital gains taxes on your home sale, including:

  • The capital gains tax exclusion is limited to $250,000 of the profits from the sale of your home if you file taxes as a single person and to $500,000 of the profits if you file taxes jointly.

  • You must have lived in your home for at least two of the previous five years. The time that you live in the home doesn’t have to be within the past two years and doesn’t have to be altogether in one solid block, either. You can live there in two different years within the past five years and have that count. You don’t have to be living there when the house is listed for sale, either.

  • If you have used your home as a rental property and want to sell it, make sure you have lived in the home yourself for two of the past five years. In other words, if you lived in it for two years and want to sell it, make sure you sell it before you have rented it for more than three years.

  • Your home must be your principal residence rather than a vacation home or second home to qualify for the tax break.

  • You can invest the profits in anything you want. Before 1997, IRS rules said that you had to reinvest your profits from the sale of one home into another within two years to avoid paying taxes. Since 1997, taxpayers are not required to buy another home.

  • If you are married, you and your spouse cannot have used the capital gains exclusion within two years prior to your transaction.

Partial Exclusion

Even if you don’t qualify for the full capital gains tax exclusion, you may qualify for an exception to the two-year residency rule. Some examples of reasons you could be exempt from the two-year rule include an early move due to:

  • A change in your employment location

  • A health concern that forces you to move

  • Deployment for the military or foreign service

  • Divorce or separation

  • Unforeseen circumstances,” such as an act of war or terrorism, or multiple births from one pregnancy.

Medicare Tax

The Affordable Care Act of 2010 imposed an additional potential tax on the sale of real estate, but this tax impacts only high-income individuals who earn $200,000 or $250,000 for a couple. This tax, designated to supplement Medicare expenses, imposes a 3.8% tax only on the amount of profit above the exclusion for capital gains taxes.

The only sellers who must pay this tax are those who have an income above the threshold and who also sell a house with profits above the capital gains exclusion. The tax is imposed only on the difference between your profit and the excluded amount, not the full profit.

Consul IRS Publication 523, “Selling your Home,” or consult a tax advisor to make sure you are following the correct rules related to the individual circumstances of your home sale.

Source : realtor.com image source : facenfacts.com

Ralph Magin, GRI, CRB - Keller Williams Elite Properties
Broker Associate – 35 Years Experience
305.935.2696 Fax 305.328.9267
RalphMagin@yahoo.com www.RalphMagin.com

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Segovia Tower Condos

April 6th, 2015

Segovia Tower Condos 

 

Segovia Tower Condos

The Segovia Tower condominium is located at 600 Coral Way in the “City Beautiful” – Coral Gables, Florida, 33134. Built in 1998, Segovia Tower condos have an incredible location with amazing golf course and city views and year-round tropical breezes readily available for immediate occupancy.

Segovia Towers features large, 3,949 square foot,full-floor residences with private elevators, twenty-four hour manned security, covered and secured parking, a complete fitness center and a wonderful pool deck. Each residence is unique and has ten foot ceilings with floor to ceiling windows and a very large terrace area of approximately 600 square feet.

Segovia Tower Condos

Segovia Towers overlooks the Granada Golf Course which is home to many outdoor enthusiasts daily including not just the golfers but joggers and cyclists as well. It is well situated in the center of Coral Gables just a few blocks from Miracle Mile and all the restaurants and shopping that is available for residents there. With just twelve neighbors you will be quite secure ensconced in your new Segovia Towers apartment.

Segovia Tower Condos

Coral Gables has long been the desired location for entrepreneurs, industrialists and the “Rich and Famous.” With fabulous Mediterranean architecture, trendy restaurants and shops, Coral Gables is truly the “City Beautiful”!

Sources : miamicondolifestyle.com images credit : cervera.com, opulenceinternationalrealty.com , skyfiveproperties.com

Check out available condominium units and homes in Miami. Contact Ralph Magin, your trusted real estate agent, at 3305-935-2696 or visit www.ralphmagin.com for real estate inquiries. 

Ralph Magin, GRI, CRB - Keller Williams Elite Properties
Broker Associate – 35 Years Experience
305.935.2696 Fax 305.328.9267
RalphMagin@yahoo.com www.RalphMagin.com

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Easter 2015 in Miami

April 1st, 2015

Easter 2015 in Miami

 

Easter 2015 in Miami

Easter Sunday or Resurrection Sunday is the greatest feast day in the Christian when we celebrates the Resurrection of Jesus Christ from the dead. Described in The New Testament as having occurred three days after Jesus Christ crucifixion by Romans at Calvary. This year, Easter Sunday falls on the 5th of April and each date changes every year.

In Miami, Easter is a beautiful time of year. The city offers residents and visitors many special events designed to celebrate the holiday season and enjoy the wonderful early spring weather. This year’s events include special celebrations at some of Miami’s top attractions as well as some fabulous Easter brunches at area restaurants.

Here are some of the top attractions and fabulous Easter brunches where you can bring your family and friends with in celebrating Easter Sunday.

Easter 2015 in Miami

ZooMiami’s Dino Egg Safari

Join the Dino Egg Safari at the zoo! The event will feature photograph opportunities with the Easter Bunny, continuous Easter egg hunts for kids 12 and under and special egg hunts for the animals of the zoo. This will be on Saturday and Sunday, April 4-5, 2015 at 1:00 AM to 4:00 PM.

Bunnypalooza at Miami Seaquarium

Easter brings some additions to the regular fun of the Seaquarium with music, face painting, bounce houses and other Easter events. There will be continuous Easter egg hunts all weekend and every participant will receive a goody bag containing candy and a plush toy. The Easter Bunny will be accompanied by special performances of Flipper, Lolita, Roc, Maime and other favorites. This will be held on Friday April 3 through Sunday April 5, 2015
from
10:00 AM until 4:00 PM.

Jungle Island Mega Egga Hunt Adventure 

Not to be outdone, Jungle Island also has a special Easter event planned featuring daily Easter egg hunts, face painting, arts and crafts, bounce houses, a coconut tree climb and pie eating contests. The Easter Bunny will be joined by a live DJ and other special events. Admission is $5 for children (3-10) and $29.95 for adults.This will be on Friday, April 3 through Sunday April 5, 2015from 10:00 AM to 6:00 PM.

Easter 2015 in Miami

Level 25

Located within the Conrad Miami,1395 Brickell Avenue. It puts you on a traditional brunch every Sunday from 11:30 until 2:30. In addition to the typical carving stations, omelet bar and pasta, you’ll be treated to unlimited Bloody Marys and mimosas.

1200 Courtyard Grill

The 1200 Courtyard Grill at the Biltmore, located at 1200 Anastasia Avenue, Coral Gables, is the most talked-about brunch in South Florida. The luxury hotel known for its fabulous golf course and exquisite spa puts out a great spread; it’s the place to be seen on Sunday mornings in Coral Gables.

Sources images and credits : Renee Chapple , miami.about.com , wikipedia.org , macxdvd.com , radnorhotel.com , clarkisit.com

Ralph Magin, GRI, CRB - Keller Williams Elite Properties
Broker Associate – 35 Years Experience
305.935.2696 Fax 305.328.9267
RalphMagin@yahoo.com www.RalphMagin.com

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Can Life Insurance Protect Your Mortgage?

March 31st, 2015

Can Life Insurance Protect Your Mortgage?

By: Angela Colley

Can Life Insurance Protect Your Mortgage?

 

No one enjoys discussing life insurance, but if your family relies on your income to cover the bills, you need a life insurance policy to protect them if something should happen to you.

If you’re a homeowner, life insurance is even more important. Many types of life insurance safeguard your home and protect your family from foreclosure, but there are angles you’ll have to consider before you sign up.

 

Mortgage life coverage

After you buy a home, you’ll likely receive several letters telling you to safeguard your house by purchasing mortgage life coverage or mortgage protection service.

These packages are simply a marketing spin on standard life insurance. If something happens to you, your life insurance payout will pay off your mortgage so your family won’t have to worry about possibly losing the roof over their heads.

 

Decreasing term life insurance

Decreasing term life insurance coverage matches up with the outstanding balance on your mortgage. As you pay off your mortgage and your balance decreases, so does the amount the policy will pay out.

While this type of policy is effective at protecting your family over the life of your mortgage, once you pay off your mortgage, your policy becomes void and you receive no payout.

Holding only decreasing term life insurance has a major downside. Because its purpose is to pay off your home loan, the life insurance policy’s beneficiary is your mortgage lender, not your heirs. For this reason, many people choose a whole life insurance program.

 

Level term life insurance

Level term life insurance offers policyholders the option of purchasing a policy from an insurance company that matches or exceeds the amount of their mortgage. In case of death, a fixed payout goes to the beneficiaries who can use the money at their discretion, including paying off the mortgage. This offers two major benefits: The coverage amount doesn’t decrease as time goes on, and your heirs can spend the money as they wish.

Deciding on a type of life insurance can be difficult. You’ll have to consider your family’s needs as well as your financial situation. Speak with a financial adviser about your particular situation to help you reach a concrete decision.

 

Sources images and credits :realtor.com, businesscontinuityinternational.com

 

Ralph Magin, GRI, CRB - Keller Williams Elite Properties
Broker Associate – 35 Years Experience
305.935.2696 Fax 305.328.9267
RalphMagin@yahoo.com www.RalphMagin.com

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Pérez Art Museum Miami

March 27th, 2015

Pérez Art Museum Miami

 

Pérez Art Museum Miami

The Pérez Art Museum Miami (PAMM) is a contemporary art museum that relocated in 2013 to the Museum Park in Downtown Miami, Florida. Founded in 1984 as the Center for the Fine Arts, it became known as the Miami Art Museum from 1996 until it was renamed in 2013 upon the opening its new building designed by Herzog & de Meuron at 1103 Biscayne Boulevard. PAMM, along with the $275 million Patricia Frost Museum of Science and a city park which are being built in the area with completion scheduled for 2015, is part of the 20-acre Museum Park (formerly Bicentennial Park)

Since the opening of the new museum building at Museum Park, the museum has seen record attendance levels with over 150,000 visitors in its first four months. The museum had originally anticipated over 200,000 visitors in its first year at the new location. At its former location on Flagler Street, the museum received on average about 60,000 visitors annually.

Pérez Art Museum Miami (PAMM) is directly served by rapid transit at Museum Park Metromoverstation and by Metrorail via transfer at Government Centerstation.

Pérez Art Museum Miami

The focus of the museum is 20th century and contemporary art, as well as cultures of the Atlantic Rim, which it defines as the Americas, Western Europe and Africa. At the time of the new building’s opening, the museum’s holdings included 1,800 objects, nearly 500 of which were acquired in 2013, including pieces by John Baldessari , Olafur Eliasson  and Dan Flavin. In its permanent collections, there are second half of the Twentieth Century and Contemporary works by Purvis Young , Joseph Cornell, Kenhinde Wiley, James Rosenquist, Frank Stella, and Kiki Smith . Much of the museum’s current collection has been donated, with 110 works coming from Jorge M. Pérez,among them pieces by the Cuban painters Jose Bedia Valdes  and Wilfredo Lam , as well as the Mexican artists Diego Rivera and Damian Ortega, the Uruguayan Joaquin Torres-Garcia  and the Colombia Beatriz Gonzalez . In 2013, museum trustee and Miami developer Craig Robins pledged 102 paintings, photographs, sculptures and other works from his personal collection.

Pérez Art Museum Miami

In 2012, Pérez pledged $500,000 to establish an acquisitions fund for African-American art, matched shortly after by the Miami-based John S. and James L. Knight Foundation. In 2014, the museum launched the Ambassador of African American Art programme, its first-ever affiliate group, which invites donors to contribute directly to the fund.

After the opening of the new museum building, the museum has seen over 150,000 visitors in its first four months and 300,000 visitors in its first 12 months.According to The Art Newspaper’s annual survey of museum attendance, the “old” Miami Art Museum (PAMM’s predecessor) attracted 54,295 visitors in 2012 — a weak showing in a metropolitan area with a population of five million people

Pérez Art Museum Miami

As the Miami Art Museum, the museum had an annual operating budget of $6 million. After the inauguration of the new building and the museum’s renaming, the budget has increased to $16 million per annum, with a rapid increase of staff and curators. In 2013-14, Miami-Dade County provided $2.5 million of this (up from $1.9 million the previous year)

sources credits and images : wikipedia.org, staticflickr.com, wmagazine.com, wordpress.com

Ralph Magin, GRI, CRB - Keller Williams Elite Properties
Broker Associate – 35 Years Experience
305.935.2696 Fax 305.328.9267
RalphMagin@yahoo.com www.RalphMagin.com

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Mortgage Basics: What Is a Mortgage?

March 26th, 2015

Mortgage Basics: What Is a Mortgage?

By:Angela Colley

 

Mortgage Basics: What Is a Mortgage?

 

A mortgage – a loan to finance the purchase of your home – is likely the largest debt you’ll ever take on. A mortgage is actually made up of several parts – the collateral you used to secure the loan, your principal and interest payments, taxes and insurance.

Since most mortgages last 15 to 30 years of monthly payments, it helps to understand the working parts.

Collateral

When you agree to a mortgage, you’re signing a legal contract promising to repay the loan plus interest and other costs. Your home is collateral for that loan.

If you don’t repay the debt, the lender has the right to take back the property and sell it to cover the debt, a process known as foreclosure. In a foreclosure, you will lose your home and you will likely damage your credit rating, affecting your ability to buy a new home in the future.

Principal and Interest 

The principal is simply the sum of money you borrowed to buy your home. To lower your principal amount upfront, you can put down a percentage of the home’s purchase price as a down payment. Typically, lenders require you to make a down payment equal to 20 percent of the home’s purchase price to get a mortgage.

Interest is what the lender charges you to use the money you borrowed, usually expressed as a percentage called the interest rate. In addition to the interest rate, the lender could also charge you points and additional loan costs. Each point is one percent of the financed amount and is financed along with the principal.

Principal and interest comprise the bulk of your monthly payments in a process called amortization, which reduces your debt over a fixed period of time. With amortization, your monthly payments largely go toward paying off the interest in the early years, and gradually reduce the principal later on.

Taxes

In addition to your principal and interest, your mortgage payment will likely include taxes. The taxes are property taxes your community levies based on a percentage of the value of your home. These taxes generally go towards financing the costs of running your community – for example, to build and maintain schools, roads and other infrastructure, and to provide certain public services.

Generally, if your down payment is less than 20 percent, your lender considers your loan riskier than those with larger down payments. To offset that risk, the lender sets up an escrow account to collect those additional expenses, which are rolled into your monthly mortgage payment.

Even if you don’t have an escrow account, you’ll likely have to pay property taxes as long as you live in your home.

Insurance

Lenders won’t let you close the deal on your home purchase if you don’t have home insurance, which covers your home and your personal property against losses from fire, theft, bad weather and other causes.

If your home is in a federally designated high flood-risk zone within a flood plain and you are signing for a federally insured loan, federal law mandates that you must buy flood insurance.

If you choose a conventional loan and put down less than 20 percent of your home’s total value at closing, your lender will likely require you to pay private mortgageinsurance. PMI protects the lender from you defaulting on the mortgage. You will have to make PMI payments for two years or until your mortgage balance shrinks to 78 percent of the home’s original purchase price.

If you choose a loan backed by the Federal Housing Administration, you will have to pay mortgage insurance. Mortgage insurance works the same as PMI, however, you will have to make these payments for 11 years or for the life of the loan, depending on your loan terms and down payment amount.

Sources credits and images : realtor.com, turner.com

 

Check out available condominium units and homes in Miami. Contact Ralph Magin, your trusted real estate agent, at 305-935-2696 or visit www.ralphmagin.com for real estate inquiries. 

 

Ralph Magin, GRI, CRB - Keller Williams Elite Properties
Broker Associate – 35 Years Experience
305.935.2696 Fax 305.328.9267
RalphMagin@yahoo.com www.RalphMagin.com

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