October 17th, 2018
Post Views: 11
August 9th, 2018 at 7:14 pm Pin It
And we’re done…
I am happy to announce that in February of 2017 I took on the task of listing, marketing, negotiating, and closing out the remaining 17 new construction condominium units in this boutique community located between Miramar Parkway and Miramar Boulevard off of University Drive. In March of 2018, the developer closed on the sale of the one remaining unit and is officially sold out of inventory.
You can see the listings marketed and sold by EWM Realty International in this community by clicking on the link directly below:
There are of course opportunities to purchase in this development in the resale marketplace. If you are in the market for a condominium in this neighborhood, by all means feel free to reach out to me, and I will be happy to assist you in achieving your real estate goals; or just answering any specific questions you may have regarding “Calabria” in Miramar.
Having sold the above mentioned units in the span of about a year, I am very familiar with the nuances of the process that buyers have to go through to close on a home in this community. To give you an example of what I am referring to, I can tell you that as of the date of the publication of this article, the association started establishing reserves for their budget in January of 2018, which impacts the types of mortgage financing products available to consumers that need financing to purchase in “Calabria”. FHA loans are not available for those that require financing to purchase in this development. VA financing is not an option either as the project does not meet guidelines. Conventional financing should be available to consumers for this particular community once the reserves have reached the 10% threshold and the condominium association has been turned over to the homeowners by the developer, which should be sometime in 2018. In the meantime, there are “portfolio” lenders that we worked with throughout the sales cycle that were able to provide financing for this community’s buyers that did not pay in cash. Another important consideration to note when looking at units available for sale in this community is that the association provides insurance for the buildings’ exterior and you should obtain an “HO6” policy to insure your contents from the walls in of your unit.
Inspired by the rich architecture of Calabria in Southern Italy, you will find a fascinating blend of traditional design and modern style. The contrast of traditional exteriors with contemporary innovation and open plan interiors show the current design trends in contemporary Italian architecture. Modern European kitchens and baths, open floor plans, and elegant recessed lighting set Calabria apart from the rest while maintaining a price that keeps this exceptional community in the heart of Miramar well within reach.
G&L Real Estate Development, LLC, a US subsidiary of Empresas Guzman & Larrain was founded in 1980. Today Empresas Guzman & Larrain is a holding company for a group of real estate development companies, vertically integrated to provide construction and real estate sales services. Empresas Guzman & Larrain has a presence in the markets of Chile, Argentina, Spain, Italy, and the United States (South Florida). Empresas Guzman & Larrain develops, constructs, and sells a variety of housing types to satisfy the demand for residential housing products. The company is committed to innovating, improving, and constantly growing in the housing market, in Chile and abroad.
Since their creation in 1980, Empresas Guzmán & Larraín has grown consistently, all the while maintaining a vision of diversification in investments. In 1984 they expanded our operations to the northern and southern regions of Chile. In 1996 they began to invest in Argentina; in 2001 in Miami Florida; in 2002 they expanded to Europe, starting with Spain; and then in 2005 investing in Italy.
Throughout their history, Empresas Guzmán & Larraín has built and sold more than 40,000 dwellings. Today their operations are widely diversified throughout Chile and abroad. They currently have 19 projects on the market in Chile and 7 abroad; these are located in 13 cities in 5 different countries. They also boast a portfolio of properties in excess of 560 acres in Chile, available for development in the next 10 years. Empresas Guzmán & Larraín participates in all aspects of the value chain of real estate activities, from the identification and purchase of properties, to their development and construction, to customer service during and after the sales process.
Currently, their group provides employment to more than 1,500 individuals.
Founded in 1964, EWM Realty International (EWM) is one of the largest real estate services firms in America. The full-service firm has 10 locations spread through Miami-Dade and Broward counties. EWM’s associates and staff members offer residential and commercial real estate services, corporate relocation, and international services, as well as home mortgage and title closing services through affiliated companies HomeServices Lending, LLC and Columbia Title of Florida. EWM’s annual sales volume exceeds $2.6 billion.
EWM is the exclusive Miami-Dade and Broward Counties affiliate for Christie’s International Real Estate (CIRE), the leading and largest network of luxury, independent, real estate firms in the world, and a subsidiary of Christie’s International PLC, the London-based art auction company founded in 1766. With more than 32,000 real estate professionals operating from 46 countries, the affiliate members of Christie’s market the finest residences around the globe.
This was the last of the developer units that I marketed and sold. Below are some pictures so that you can have an idea of the quality of finishes and open concept distribution of space that this community’s floor plans offer the residents.
This property features:
Having a difficult time closing out a community? Sales stagnant? Closed on a new acquisition and you are in the process of considering your listing brokerage?
Contact Oscar Rodriguez with EWM Realty International. I have an extensive industry background well suited to comprehensively analyze and develop a marketing strategy for your development’s success. Eight years in the mortgage industry as a loan officer that worked up his way to VP of Sales for a direct mortgage banker with a Fannie Mae servicing portfolio. Five years as a top producing new home sales consultant for CalAtlantic Homes (now Lennar). Chairman’s Club recipient for top tier sales performance in the general real estate industry now since joining the ranks of EWM.
Let’s discuss your success one community at a time.
Thinking of making the move? Contact me today for your consultation and let me show you how I can position you to earn top dollar for the sale of your home.
Thank you for the read.
October 17th, 2018
Post Views: 11