Some of the Best Neighborhoods Found in Miami

Some of the Best Neighborhoods Found in Miami

Miami is an amazing city and it is no surprise, therefore, that property and neighborhood development company Terra Group is so focused on it. It is known as the “Magic City”, and it attracts people from all over the world. Because of that, however, space is running out and this has given rise to condos that are built vertically. For many, living in Miami is about living at the beach, but there are other neighborhoods as well. What the Terra Group wants to do, meanwhile, is build sustainable communities all across South Florida. Hence, they have developed a list of the best neighborhoods in Miami, in which they may be able to achieve that.

Miami’s Best Neighborhoods

Brickell is perhaps the best part of Miami. It is home to beautiful and luxurious towers, with chic condos like the Plaza, Icon Brickell, and the Santa Maria. Brickell is not found right on the beach, but it is just a few minutes’ drive away. What makes Brickell so interesting, however, is that it is an elegant and cosmopolitan area that is now seen by many as “Manhattan with better weather”. It is a trendy place, with equally trendy nightlife.

Then, there is downtown Miami. Only recently has this been redeveloped to include true high quality architecture. The Quantum on the Bay is one of the newest high rise buildings there, as is Ten Museum Park, One Miami condos, and 900 Biscayne Bay. Here, people can enjoy upscale living but in the heart of the city itself.

South Beach is also home to various luxury condos. The Murano, the Icon South Beach, and the Continuum are just some examples of this. The truly upmarket condos are close to the ocean and within walking distance of the restaurants and the famous nightlife. They all look over downtown Miami and/or the Biscayne Bay. People from all over the world try to get a second home here, not in the least because it is so pedestrianized as well.

Miami Beach is to the north. This is perhaps the best place for those who like to be on the oceanfront. The Bath Club and Mei Miami Beach are just two examples of fantastic opportunities that are available there. Close to the see, at Bay Harbour Island or Biscayne Points and other parts of North Miami Beach, you will find some of the most elegant homes.

Finally, there is Sunny Isles Beach, an upmarket oceanfront neighborhood. The luxury high rise buildings here, such as the Jade Beach and Jade Ocean, are famous the world over. It is incredibly luxurious, offering true five star living. It is home to Trump Royale, for instance. Beachfront properties here are within walking distance of shopping facilities such as the exclusive Bal Harbour Shops and the Aventura Mall. In fact, many consider it the best place to live in South Florida, and it is just a 20 minute community to downtown Miami and South Beach as well.

Get Help with Your Mortgage in Florida and Avoid Foreclosure

Get Help with Your Mortgage in Florida and Avoid Foreclosure

Source

A lot of people believe that, once they are facing foreclosure, no bank will touch them anymore. In reality, however, Florida mortgages are there to help them avoid foreclosure as well. Not just that, thousands of people who took out a mortgage in Florida many years ago have found that their original lender is now owned by a major national bank, is no longer in business, or has been sold to a different, out-of-state lender. In all of these cases, it may be time to consider a different mortgage altogether.

Start Anew

Florida mortgages are there to help you start afresh, and this can help you avoid or stop foreclosures. In fact, purpose foreclosure loans exist, which can take on your mortgage and any other debt you may have, combining them into one. Once you have done that, a weight will fall off your shoulders as you can suddenly meet all your financial obligations. All you have to do is find a Florida mortgage expert that deals specifically with foreclosure situations. A quick internet search will reveal many of these professionals just waiting to help you.

What Foreclosure Experts Do

Foreclosure experts work specifically with those who are in dire financial straits. They know that their clients have been turned away by the vast majority of other lenders but are able to find them other solutions. Foreclosure rates have always been at the highest in Florida and the government has created a number of programs to provide assistance with this.

Foreclosure loans do require a down payment. However, there are federal programs in place that can help with this as well. An example of a solution that is out there is the Florida Assist loan program, which offers help of up to $15,000 for a down payment. While this is a loan, it is non-amortizing and no interest is charged on it. Furthermore, the loan is offered as a second mortgage, and no monthly payments have to be made specifically for that loan. Instead, you will not have to repay it until the home is refinanced or sold on.

Another option is the HAMI (Homeowner Assistance for Moderate Income), which offers help towards down payments or towards the cost of closing. Furthermore, there are a variety of incentives and credit programs available through the government, all designed to ensure people can either buy their own home, or avoid foreclosure. The Office of Community Affairs provides a wealth of information on these options.

Naturally, the best option is to never get into a position in which you face foreclosure. There are many different Florida mortgage lenders around who have very friendly acceptance criteria. They would be more than happy to hear from you and discuss the options available to you. It is best to do this as soon as possible, rather than waiting until the bank starts to make moves towards foreclosure, as the longer you wait, the worse your situation will look on paper.