All posts by Steven Mengelkoch

South Florida Real Estate

Relocating to Miami?

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Are you considering relocating to Miami Florida? Not difficult to find yourself in love of this beautiful city, with year round tropical climate. Miami features one of the most impressive skylines in the world and a vast array of entertainment options. It  is not surprising that Miami’s population keeps growing everyday!

At Paz Global Real Estate we’ve put a Miami  relocation guide for you with useful information to make your new experience a great one!

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FIND THE NEIGHBORHOOD AND A NEW HOME

Before relocating  you have to select the neighborhood that fits you better.  If what you like is:

  • Living by the beach you can consider Miami Beach, Surfside, Bal Harbor or Sunny Isles Beach.
  • If you are more of a “city living” person then Brickell, Downtown Miami and Midtown are for you.
  • Charming residential areas include: Coconut Grove, Coral Gables and Aventura.
  • For suburban lifestyle Doral, Kendall, Homestead and Hialeah can’t beat!

A real estate agent can help you navigating through the different options. At Paz Global Real Estate, we will be more than happy to help you finding the home and neighborhood of your dreams. Paz Global Real Estate  is a well established full service real estate brokerage that works with sales and rentals all over Miami.

JOB OPPORTUNITIES

  • The opportunities to find a job in Miami are endless. Miami Dade County lists government employment opportunities at miamidade.gov. Other major employers are cruise lines, Miami International Airport, different Stadiums and the Port of Miami. You can utilize online portals to find a job such: Craigslist, Monster and Careerbuilder.
  • If on the other hand when relocating you want to start a business you can go to the Miami Dade County ‘’ Business Express’’ online portal and the Small Business Administration they both offer tips and assistance.
  • When relocating to Miami  outside the US you will need a work visa. You will need to find a company that can provide you with it.

EDUCATION OPTIONS

When relocating to Miami you have to consider that Miami  has the fourth largest public school district in the nation and you can access the interactive map to find the school that better suits the needs of your family: http://www.dadeschools.net/guidek-12.asp

For higher education Miami has: Florida International University, Miami Dade College and many other universities.

GET YOUR UTILITIES SET UP

  • Electricity: Florida Power & Light Co. (FPL) provides quick online system for opening an electric account.
  • Water: apply at Miami Dade Water & Sewer Department online portal
  • Trash & Recycling: Miami Dade Trash and Recycling website
  • Telephone, internet and cable: Comcast and AT&T offer bundled packages for residents who need services.
  • Mail Forwarding: change your address  and set up a mail forwarding with the United States Postal Service.
  • Local Newspaper: Miami Herald, Miami  New Times, Miami SunPost and Miami Today are the main newspapers in ‘’ The Magic City’’

FIND A BANK AND A HEALTH CARE PROVIDER

There is a great variety of financial companies from banks to mortgage  lenders for your business and personal banking needs.

For healthcare providers check your insurance and coverage. Research which doctors are in your network and avoid paying higher rates for out of network care.

Please feel free to contact Paz Global Real Estate for any advice or concerns about relocating to Miami Florida and we welcome you in advance!

South Florida Real Estate

Sell your house fast

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How to sell you house fast?

 

To sell your house could seem like a daunting task. There are a few things that can greatly influence a speedy sale: setting the right price and making an excellent first impression.  You have to set up the right marketing strategy to attract buyers, here are 6 tips that will put you in front your competitors:

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Tip #1: Price it right from the start

 

One of the most common mistakes when trying to sell your house fast is to set the price too high. The reality is that this can result in a slower sale. The first 30 days are critical since buyers know what the prices are in your neighborhood.  If the price is  too high buyers and real estate agents will stay away and won’t settle for an overpriced property.

 

Tip #2: Make your home look more attractive

 

This could mean adding new sod, planting flowers, painting the front door or replacing the mailbox. Prospective buyers form an opinion the moment they spot a home. “Attractiveness is everything, getting close to  the driveway and walking into that front door sets the expectations. People need to take care of this aspects to sell a house, especially in South Florida where the weather deteriorates the exterior of households quickly’’, Richard Paz from Paz Global Real Estate added.

 

Tip #3: Clean, decluttered and depersonalized

Female hand wiping dining table
Female hand wiping dining table

To sell your house fast the fewer things there are laying around the house the larger it will look, so remove knickknacks and excess  items. Avoid clutter at all costs. Store as many items as you can to avoid looking disorganized and messy. Also take down family photos, religious items and political posters so prospective buyers can envision their family in the house, not yours.

Tip #4: Be available for showing your house

 

At Paz Global the goal is to sell your home as fast  as possible. We aim to sell your home quicker than our competitors. Our staff that is available 24/7 to show your property.  We are  extremely flexible about the times to show your house.  We are ready for prospective visitors early in the morning, at night and on weekends, with little notice. 


Tip #5: Make sure your listing is on all the major online portals.

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At Paz Global Real Estate we are innovative using different selling techniques and are continually refining our methods  to sell your house.  We are a tech savvy real estate agency and know how to showcase your property.  We harness the power of the internet, social media, email, photography and video to provide exceptional services and results.

 

Tip #6: Professional photos  and lots of them.

Man photographing empty living room with digital camera
Man photographing empty living room with digital camera

Most homebuyers start their search online and decide which homes they want to see based on the photos. You probably need something better than snapshots taken quickly with your agent’s iphone. In the competitive Miami market you need to be on top of the game and a professional photographer is a must. At Paz Global Real Estate we had incorporated new technologies such 3D imaging of your property and drone captions.

 

To sell your house fast contact us at: www.pazglobal.com and we will guide you the fastest route to sell your house!

South Florida Real Estate

David Beckham pays big money for Miami Stadium property

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David-Beckham

 

 

City records reveal David Beckham and his investors acquired a site to build a soccer stadium. The former English captain announced that him and his group paid $18.5 million for a portion of the land where the new stadium will be built.

The Stadium Development  will be located at 650 NW  8th St. in the City of Miami’s historic over town neighborhood.  Beckham’s investing group have stated ‘’ Our intention is to create a mix of private and county controlled land, a total of 9 acres in Miami’s urban core, close to all the public transportation options and to the up-and- coming Miami River districts where new real estate developments are flourishing. ‘’ Beckham’s investing group is very excited about this new project.

Private properties  which represent most of the land are already under contract  and the county land is awaiting for negotiations at a fair price.

This project will be the most responsible stadium development in Miami history and even though the project is privately financed they  will work together  with the Miami Dade County Schools  to establish the club as an educational resource for the community.  The Beckham organization also engages with the community and nearby businesses and residents to incorporate their ideas in the improvement of the neighborhood.

 

South Florida Real Estate

Trump may change Miami’s real estate industry

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Trump real estate miami

 

Trump and his career

Donald Trump the American business man, a bombastic real estate mogul, celebrity and of course the new candidate for the 2016 republican nomination for president of the United States is creating furor and controversy with his outspoken expression and political views. He is ratings, he sells.

The native of New York City who owns, develops and invests in real estate around the world is also a pop culture icon of our time and his role as a politician is giving him much more world renown. His experience in the real estate industry is vast and his experience in the field may come handy for his government if he gets elected president of the United States.

The conservative presidential candidate is a smart businessman. He works hard, and does whatever he can to pay the minimal amount of taxes to President Barack Obama. And his plan to completely restructure America’s tax code assures that every American will end up paying lower taxes.

Trump’s real estate in Miami

The billionaire owns several investments in the Miami area such as the Doral Gold and Spa Resort (www.trumphotelcollection.com/miami/) which he bought while the property was in bankruptcy  in a sale for $150 million and and the Trump family has invested $250 million to complete a dramatic restoration recapturing the iconic resort’s early grandeur. The 700 room resort and golf course was a significant investment by Trump which he promised it was going to be the finest golf resort in the country. Trump’s brand name appears in several new condominiums and hotels in Miami and Fort Lauderdale.

Trump’s Tax Plan

Trump’s appeal is said to be his strive for giving voice to the angry masses. And even though he doesn’t seem to be the perfect fit to fight social suffocation his new tax proposals seem to have some tint of hope for the economy, which in the long run, may influence the Real Estate market in Florida.  The tax proposals consist of the following:

  • Anyone who is single and earns less than $25,000 would not owe any income tax
  • Those making up to $30,000 will pay one percent.
  • Income from $30,000 to $100,000 results in a flat five percent.
  • $100,000 to $1,000,000 income will be taxed at 10 percent.
  • On $1 million or above will be taxed 15 percent.

Trump said his tax plan would hike taxes on the wealthy and would eliminate federal income taxes for millions of Americans creating many jobs and opportunities for others. Trump voices the  waste, fraud and abuse of the federal government and the shameful way  America’s government spends your hard earned tax dollars.

Trump told reporters that the plan would personally ‘’cost me a fortune’’. But he did not directly answer how much he would pay in taxes under his proposal. He also stated that prime real estate at good price in our current economy is hard to get.

‘’With more money in their pockets Americans will be more likely to invest in real estate and keep paying their mortgages’’, Richard Paz from Paz Global Real  Estate Investments assures.  Paz Global is a Real Estate Investment company located in Florida which has lived through the different phases of the economy and cycles that have affected the real estate market in Miami. Richard Paz hopes that the new tax plan would be a new true engine for the South Florida Real Estate market.

 

Canadian Dollar
South Florida Real Estate

Canadian Dollar Crisis: an opportunity for investors

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Canadian Dollar recent history

The Canadian dollar is dropping fast, and more than one investment bank is predicting it will hit a record low in 2016.

Recently he valued of the Canadian “loonie” dropped below 70 cents U.S. for the first time in 13 years, and experts expected it to drop to 59 cents U.S. by the end of the year. This would be a record low for the loonie, falling below its 2002 trough of just below 62 cents U.S. to the American greenback.

What causes the Canadian dollar to decline?

Over the last six months, the value of the Canadian dollar (loonie) has declined by approximately 12 percent. Simultaneously, the price of oil fell by approximately 48 percent. The positive correlation between the two variables (the Canadian dollar-US dollar exchange rate, and oil prices) is high and has existed for a long time.

That’s not good news for our neighbors to the north (or the U.S. companies that make money exporting to them) who have been suffering the increment in the cost of living, since the country imports about 80% of its fresh produce.

In the real estate sector this represents a limitation for  buyers  since they are more cautious about expanding their money in moments when the currency has dropped down so low. The Depressed value of the Canadian currency against the US dollar is not only discouraging some Canadians from buying Florida Homes but also encouraging others to sell.

Why is this an opportunity for Canadian Citizens who bought property in the U.S. ?

Inversely this situation represents a great opportunity for Canadian owners of U.S.property to sell.  Canadians who bought property in Florida in early 2008, 2011 and 2013 when the Canadian dollar was dancing par or below the US dollar will have a great return in their investment if they decided to sell their homes now. At the current exchange rate the Canadian dollar or loonie is worth approximately 75 cents, and conversely, a U.S. dollar is worth between $1.30 and $1.40 Canadian dollars. This can only mean something: is a great time to sell and net more with the current exchange rate. In Florida this represents a major impact on the Real Estate industry since Canadian have accounted t for seven out of ten international home buyers in recent years.

How can we help?

At Paz Global Real Estate we can help you with the process of selling your home. The process of selling real estate property can be confusing but you need not to be discouraged about making the move to sell in South Florida.  Canadians are bombarded with misinformation, yet the process of selling your home in Florida is really easy. At Paz Global Real Estate we are knowledgeable professionals that will help you understand the how you can take advantage of this opportunity and invest by selling your home in times when opportunities are up. You can find more about us at  https://pazglobal.com/ or call us at 305 466 2990.