Real Estate News: Financing the Condo Market

City of Hialeah - Miami Dade County

The fifth largest city in the State of Florida with an area of 20 sq. miles and a Class 1 Fire Department. Hialeah has access to most major thoroughfare - linked by I-95, I-75, the Palmetto and Sawgrass Expressways, and the Florida Turnpike. It is home to Hialeah Race Track and rich with investment opportunities for apts, homeownership, retail and the manufacturing sector. Mayor Julio Robaina serves as strong mayor. His vision to encourage business growth and quality of life for the residents maintains the City of Hialeah as one of the most desirable and stable community in Miami Dade County. See all the details at www.hialeahfl.gov

2/20/2010

Financing the Condo Market

Due to the current financing crunch many qualified buyers have been prohibited from picking up a good investment out of the large inventory of today's market. The good news is that on January 7, 2010 Fannie Mae issued a special approval designation which has provided financing opportunities for many of the condominium buildings that up to now have been off limits other than to Cash Buyers. For a full detail list of all the buildings in South Florida you may visit efanniemae.com. If you need assistance in locating one of these properties and a participating lender I may be reached at mbracket@hotmail.com