April 2014
April 30, 2014
Coming soon! Oscar Arellano has a couple new listings in the works. Its becoming well known that the inventory in Coral Gables is running very low, causing new listings to fly off of the market. Keep an eye out here for a first look before the listings hit the market. The first listing is a three bedroom, three bathroom rental close to the University of Miami. The second listing is a three bedroom, two bathroom Old Spanish home for sale located in the North Gables. Here are some current available listings that compare in size and price to our rental […]
April 30, 2014
The mortgage lending business changed in January when the Consumer Financial Protection Bureau’s Qualified Mortgage rules went into effect. The bureau enacted these new rules to bring what many consider common-sense guidelines to the mortgage-lending process. The goal is to guide lenders to only passing out mortgage dollars to those borrowers who can afford to pay their loans back. The hope is that the guidelines will help prevent a repeat of the mortgage crisis that began in 2007. If you remember, starting that year, a surging number of homeowners found that they could no longer afford their mortgage payments. This […]
April 30, 2014
If you’re planning to buy a house in the next few years, now’s the time to think about your down payment. Whether you’re considering an FHA home loan or a conventional mortgage, your lender will require a minimum down payment between 3.5% and 5% of the sale price. As a first-time homebuyer, this could be your biggest obstacle to reaching the closing table. Even if you earn a decent salary and have an excellent credit score, it can be difficult to save for a down payment if you do not have disposable cash. However, you should not give up on your […]
April 29, 2014
Oscar Arellano’s newest listing is a large office space in Downtown Coral Gables. The second floor of 338 Minorca Ave is available for rent. Included: Four office spaces, three secretarial spaces, three covered parking spaces, cleaning, furnished reception area, 24-hour access, alarm, kitchen, utilities including internet/WiFi, water, and power. Also, the space will have new flooring and will be newly painted. Listed at $4,200 If you would like more information on this listing or any others, please contact me at 305-525-7324
April 28, 2014
Oscar Arellano acted as the buyer’s agent in the sale of this six bedroom, six & a half bathroom waterfront home in Miami Beach. This luxury home has 5,832 sq. ft. of living space on a 13,125 sq. ft. lot and is located on the prestigious Sunset Island III. The beautiful panoramic terraces provide views of the canal and it is just three houses down from the open bay. Oscar’s clients came to him looking for the perfect home several months back, in late October 2013. Coming from Houston, TX, the couple previously worked with Oscar to find them a great […]
April 25, 2014
If you’re rebuilding your credit, you might feel that a mortgage loan is out of reach. Today, many lenders require a minimum credit score between 680 and 700. And if your score isn’t within this range, you might push aside any plans to purchase a home — at least for now It’s true that mortgage lenders have tightened their loan requirements. However, there are provisions in place to help those with a “not-so-perfect credit past” qualify for mortgages. If you’re ready to buy a house, here are four ways to get approved for a loan. Apply for an FHA Mortgage Loan […]
April 25, 2014
Just listed in Coral Gables is the amazing waterfront home located at 6939 Sunrise Drive. This gorgeous contemporary home has amazing open bay views and is located in the desired gated Sunrise neighborhood. The home is three stories high, has a sparkling pool, oversized bedrooms, large living spaces, and top of the line appliances. It is currently the best open bay deal on the market! Details of 6939 Sunrise Drive, Coral Gables: Bedrooms: 5 Bathrooms: 6 1/2 6,388 Sq. Ft. of Living Space 16,500 Sq. Ft. Lot Listed at $6,800,000 If you interested in viewing this home or any […]
April 24, 2014
Just listed in Coral Gables is this impressive Mediterranean home located in the gated community of Cocoplum. Some of the homes many features includes cathedral ceilings, a sparkling salt water pool, a grand patio perfect for entertaining, and gorgeous marble flooring. This is the ideal home for entertaining family and friends. Details of 205 Caoba Ct, Coral Gables: Bedrooms: 5 Bathrooms: 4 1/2 5,157 Sq. Ft. of Living Space 15,330 Sq. Ft. Lot If you would like a private viewing of this home or any other home you come across on this site, please feel free to contact me […]
April 23, 2014
Located right on the Coral Gables Waterway is 4735 Orduna Drive, which was just listed for sale this week. This waterfront property has ocean access and beautiful views. The home is situated on a corner lot and has an attractive open floor plan made up of five bedrooms, an additional room to be used as an office, a foyer, four bedrooms, a pool, and a great gourmet kitchen. Details of 4735 Orduna Drive: Bedrooms: 5 Bathrooms: 4 4,320 Sq. Ft. of living space 21,738 Sq. Ft. Lot Listed at $2,275,000 If you would like to schedule a private […]