IT'S SO GREAT TO BE IN MIAMI
I really love the Miami Real Estate market and today I came across one more reason to. It seems that the way that preconstruction projects are marketed and sold here is catching on with the rest of the country, typically Las Vegas and even establishment New York City. As a recent NY Times article points out a Miami Model called "flip before closing" wherein a initial purchaser is allowed to resell his unit prior to closing with the Developer controlling the deal.
I can tell you from personal experience I have been on the receiving end, I brought in buyers who bought from the original investor and they are very happy with their purchase. Check out the article.
PRECONSTRUCTION MIAMI SALES MODEL
http://www.nytimes.com/2005/09/25/realestate/25miami.html?
While you're at it also check out this article.
MIDDLE CLASS HOUSING
http://www.nytimes.com/2005/09/29/national/29afford.html?
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