Foreign buyers are taking no part in banks bureaucracies. With loans too long and difficult to obtain these days, sellers are moving fast for quick deals.
These new all cash buyers are mostly Europeans and Venezuelan’s with cash lined pockets. Many of these buyers are looking for second or third homes so federal financing and tax credits are not an option- cash is king.
People who can, are buying all cash. For Europeans, our real estate market is a bonanza for them because of the Euro compared to the dollar and the fact that they are used to buying with 20-30% down payment.
We are seeing incredible values on Doral homes. Doral offers one of the best communities in the United States to live in. A golfing community with al “A’ schools, very central to shopping malls and recreational parks, beautiful lake front homes and/or golf view homes. Some just under $300,000.
“Nobody Knows Doral Real Estate Like teamDoral”
Thinking of buying, selling or renting real estate in Doral? Call the experts! teamDoral-Richard Recuset 786-287-9272 email: Richard@teamDoral.com
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