Comments on: To Close or Not to Close? – Tough Decision Ahead for Preconstruction Contract Holders as Closing Dates Approach http://www.miamicondoinvestments.com/2007/07/01/to-close-or-not-to-close-tough-decision-ahead-for-preconstruction-contract-holders-as-closing-dates-approach/ Luxury Miami Condos in Miami, South Beach, Brickell and South Beach | Miami Condos Blog Thu, 11 Mar 2010 07:04:08 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: realtor blogger sued for defamation by Opera Tower Miami condo developer Tibor Hollo, and then fired by his gutless agency for expressing his opinion | www.About-Everything.net http://www.miamicondoinvestments.com/2007/07/01/to-close-or-not-to-close-tough-decision-ahead-for-preconstruction-contract-holders-as-closing-dates-approach/comment-page-1/#comment-199 realtor blogger sued for defamation by Opera Tower Miami condo developer Tibor Hollo, and then fired by his gutless agency for expressing his opinion | www.About-Everything.net Thu, 31 Jan 2008 13:27:33 +0000 http://www.miamicondoinvestments.com/2007/07/01/to-close-or-not-to-close-tough-decision-ahead-for-preconstruction-contract-holders-as-closing-dates-approach/#comment-199 [...] negative publicity over this, that anyone who hadn’t bailed before is definitely thinking of bailing now. The Great Miami Condo Crash is going to make mincemeat out of the desperate Miami developers who [...] [...] negative publicity over this, that anyone who hadn’t bailed before is definitely thinking of bailing now. The Great Miami Condo Crash is going to make mincemeat out of the desperate Miami developers who [...]

]]> By: Alma http://www.miamicondoinvestments.com/2007/07/01/to-close-or-not-to-close-tough-decision-ahead-for-preconstruction-contract-holders-as-closing-dates-approach/comment-page-1/#comment-200 Alma Thu, 31 Jan 2008 00:50:24 +0000 http://www.miamicondoinvestments.com/2007/07/01/to-close-or-not-to-close-tough-decision-ahead-for-preconstruction-contract-holders-as-closing-dates-approach/#comment-200 I have a contract for a 2 bedrm on the 35th floor with Bay & city views. I paid $429 and I don't even want my full 20% back. I'll take an offer to assign the contract. I have a contract for a 2 bedrm on the 35th floor with Bay & city views. I paid $429 and I don’t even want my full 20% back. I’ll take an offer to assign the contract.

]]> By: GARY http://www.miamicondoinvestments.com/2007/07/01/to-close-or-not-to-close-tough-decision-ahead-for-preconstruction-contract-holders-as-closing-dates-approach/comment-page-1/#comment-201 GARY Mon, 21 Jan 2008 18:04:34 +0000 http://www.miamicondoinvestments.com/2007/07/01/to-close-or-not-to-close-tough-decision-ahead-for-preconstruction-contract-holders-as-closing-dates-approach/#comment-201 I have a 1 bedrm on the east side of Opera Tower 34th Floor Facing the bay unit 3403.Will sell for my original buying price 282,000 Just want my 20% deposit back and you can have it.. I have a 1 bedrm on the east side of Opera Tower 34th Floor Facing the bay unit 3403.Will sell for my original buying price 282,000 Just want my 20% deposit back and you can have it..

]]> By: Ramy http://www.miamicondoinvestments.com/2007/07/01/to-close-or-not-to-close-tough-decision-ahead-for-preconstruction-contract-holders-as-closing-dates-approach/comment-page-1/#comment-198 Ramy Fri, 14 Dec 2007 06:07:35 +0000 http://www.miamicondoinvestments.com/2007/07/01/to-close-or-not-to-close-tough-decision-ahead-for-preconstruction-contract-holders-as-closing-dates-approach/#comment-198 Any thoughts on Trump Tower one? I have a C unit and I’m having a hard time deciding if I should close on it and rent it out or try to get rid of it at any means necessary? I got in at a crazy low price the same unit sold preconstruction in the 3rd tower for 50% more! Anyone want it for the same price I paid for it over 3.5 years ago? Any thoughts on Trump Tower one? I have a C unit and I’m having a hard time deciding if I should close on it and rent it out or try to get rid of it at any means necessary? I got in at a crazy low price the same unit sold preconstruction in the 3rd tower for 50% more! Anyone want it for the same price I paid for it over 3.5 years ago?

]]> By: michael http://www.miamicondoinvestments.com/2007/07/01/to-close-or-not-to-close-tough-decision-ahead-for-preconstruction-contract-holders-as-closing-dates-approach/comment-page-1/#comment-197 michael Thu, 06 Dec 2007 01:42:48 +0000 http://www.miamicondoinvestments.com/2007/07/01/to-close-or-not-to-close-tough-decision-ahead-for-preconstruction-contract-holders-as-closing-dates-approach/#comment-197 I bought into 900 biscayne and would like to walk away. I do not want to close. Can I do this ? Would the developer cme after me for liquidated damages? please advise I bought into 900 biscayne and would like to walk away. I do not want to close. Can I do this ? Would the developer cme after me for liquidated damages?
please advise

]]> By: David Curtin http://www.miamicondoinvestments.com/2007/07/01/to-close-or-not-to-close-tough-decision-ahead-for-preconstruction-contract-holders-as-closing-dates-approach/comment-page-1/#comment-196 David Curtin Tue, 30 Oct 2007 23:01:30 +0000 http://www.miamicondoinvestments.com/2007/07/01/to-close-or-not-to-close-tough-decision-ahead-for-preconstruction-contract-holders-as-closing-dates-approach/#comment-196 HI there My name is david im from ireland, my question for you is( before i do heres a brief out line in how we purchased into mid town) that my brother and I were alerted to the mid town miami project by an acquaintance of my brother, this guy has a very good friend in the real estate business in ireland who purchased a block of mid town prconstruction for resale in ireland ,going on his advice and probably very good sales talk we decided to invest in mid town .we were also told of the amazing return on these propertys in a system called fliping so it as he stated was a "no brainer," to my cost now i feel i realy know the real meaning of this.. But getting back to my question ,,it now seems all hope of flipping these projects is gone and we must decide to take on a full mortgage or lose our 20% deposite . The propertys we invested in are in mid town 2, unit h705 and unit h1607,do you think these apartments will rent sucessfuly and will the rental cover the loans are would we be better to walk away from the project ,its all come as a big shock to us as the property markets in USA seem to be in big trouble, we would never have invested in the US it was only going on what we thought was sound advice by my brothers friend I must say these are anxious times.. Best regards David Curtin HI there
My name is david im from ireland, my question for you is( before i do heres a brief out line in how we purchased into mid town) that my brother and I were alerted to the mid town miami project by an acquaintance of my brother, this guy has a very good friend in the real estate business in ireland who purchased a block of mid town prconstruction for resale in ireland ,going on his advice and probably very good sales talk we decided to invest in mid town .we were also told of the amazing return on these propertys in a system called fliping so it as he stated was a “no brainer,” to my cost now i feel i realy know the real meaning of this.. But getting back to my question ,,it now seems all hope of flipping these projects is gone and we must decide to take on a full mortgage or lose our 20% deposite . The propertys we invested in are in mid town 2, unit h705 and unit h1607,do you think these apartments will rent sucessfuly and will the rental cover the loans are would we be better to walk away from the project ,its all come as a big shock to us as the property markets in USA seem to be in big trouble, we would never have invested in the US it was only going on what we thought was sound advice by my brothers friend I must say these are anxious times..
Best regards
David Curtin

]]> By: mitch http://www.miamicondoinvestments.com/2007/07/01/to-close-or-not-to-close-tough-decision-ahead-for-preconstruction-contract-holders-as-closing-dates-approach/comment-page-1/#comment-195 mitch Sun, 21 Oct 2007 18:16:03 +0000 http://www.miamicondoinvestments.com/2007/07/01/to-close-or-not-to-close-tough-decision-ahead-for-preconstruction-contract-holders-as-closing-dates-approach/#comment-195 I am looking tosell a 52nd floor classico unit (5209) at Opera Tower that comes with marble flooring throughout. I pd. $392k and would accept $340 including the upgrades and marble flooring. I am looking tosell a 52nd floor classico unit (5209) at Opera Tower that comes with marble flooring throughout. I pd. $392k and would accept $340 including the upgrades and marble flooring.

]]> By: Lucas Lechuga http://www.miamicondoinvestments.com/2007/07/01/to-close-or-not-to-close-tough-decision-ahead-for-preconstruction-contract-holders-as-closing-dates-approach/comment-page-1/#comment-191 Lucas Lechuga Sun, 19 Aug 2007 15:54:17 +0000 http://www.miamicondoinvestments.com/2007/07/01/to-close-or-not-to-close-tough-decision-ahead-for-preconstruction-contract-holders-as-closing-dates-approach/#comment-191 John, Which building are you interested in? I have a bunch of different units in different buildings where people don't want to close and are willing to sell them around for what they paid for them. Some are willing to take a significant loss. John,

Which building are you interested in? I have a bunch of different units in different buildings where people don’t want to close and are willing to sell them around for what they paid for them. Some are willing to take a significant loss.

]]> By: John http://www.miamicondoinvestments.com/2007/07/01/to-close-or-not-to-close-tough-decision-ahead-for-preconstruction-contract-holders-as-closing-dates-approach/comment-page-1/#comment-192 John Sun, 19 Aug 2007 07:00:35 +0000 http://www.miamicondoinvestments.com/2007/07/01/to-close-or-not-to-close-tough-decision-ahead-for-preconstruction-contract-holders-as-closing-dates-approach/#comment-192 How can u find out more about people or investors trying to opt out of contracts to catch a place at preconstruction costs, or is it really just running up on one of these by luck? How can u find out more about people or investors trying to opt out of contracts to catch a place at preconstruction costs, or is it really just running up on one of these by luck?

]]> By: pat http://www.miamicondoinvestments.com/2007/07/01/to-close-or-not-to-close-tough-decision-ahead-for-preconstruction-contract-holders-as-closing-dates-approach/comment-page-1/#comment-193 pat Thu, 16 Aug 2007 21:24:49 +0000 http://www.miamicondoinvestments.com/2007/07/01/to-close-or-not-to-close-tough-decision-ahead-for-preconstruction-contract-holders-as-closing-dates-approach/#comment-193 We are scheduled to close soon on unit 3806 in Opera Tower. Should we close? As in everyone, we cannot sell other properties to continue with this. We are scheduled to close soon on unit 3806 in Opera Tower. Should we close? As in everyone, we cannot sell other properties to continue with this.

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