liroche's Blog: All Categories

There is a change of pace going on in Miami.  It is harder and harder to get a price approved by the banks on a short sales.  Several realtors friends of mine, who regularly attend the auctions, have noted that the banks are starting to keep the properties they foreclose on.  This is a complete change in policy from recent times.  What's going on? 

 The general feeling is that they are trying to stop further depreciation.  The buyers have resurfaced the last two weeks and there are more contracts being written.  General consensus is that Buyers think this is a good time to invest, the interest is low before everything stabilizes and starts going up again. 

If you are interested in South Florida properties and have any questions, I can be reached by…

The Pensionado Visa program was introduced to attract investment into the country, some of the benefits include:

• 20% discount on doctors bills, with 15% off hospital bills if no insurance cover.
• 20% discount on professional and technical services.
• 15% discount on personal loans in your name.
• 15% discount on dental and eye examinations.
• 10% discount on medicine.
• 1% reduction on mortgages on homes used for personal residence.
•  Import tax exemption on all household goods.
• Tax exemption to import a new car into Panama every two years.
• 50% discount on…