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6850 Main St
Miami Lakes, FL, 33014
United States

1-305-606-9032

South Florida Realtor Associate with extensive local knowledge, living in South Florida for over 15+ years.

Looking for a new place wether is renting, buying, leasing to own, or buying and investment property in South Florida real estate? You have come to the right place. I will help you find the perfect real estate property from new construction, single family homes, apartments, town-homes, lofts, condos, and pre-construction developments that will fit your needs in a hassle free process.
Jose Azuaje is very familiar with the areas of Miami-Dade, Broward, and West Palm Beach. 
Looking for a property outside the USA? I can also help you find your dream home anywhere in the world with my extensive network of international brokers.

My goal is to attend to my client's needs in every step of the real estate transaction. Nacido en Venezuela hablo español.
 

Blog

Welcome to my blog, here you can find different articles from how the housing market is doing, to other types of tips relating to the real estate industry.

I also like to feature different developments that are being built or will be built around South Florida. For more detail information on these amazing developments follow the links on the blog articles, or click on New Construction on the top navigation bar of this site.

I also like to read your comments, and if you stumble upon an article you think will be valuable to someone you know please share it, or like it using the buttons at the end of the articles.

Thank you for visiting my blog.

Sincerely,

Jose Azuaje

 

Rent To Own? Yes!

Jose Azuaje

RentToOwn

A new program through Home Partners of America allows future buyers to lease a home with the option to buy later at a predetermined price.

This is great news for future buyers that need to fix a couple of things before getting qualify for a mortgage, or need some extra time to save up for a downpayment. It takes out the added pressure of competing with renters and buyers in a red-hot real estate market.

Another great advantage that users of the program offered by Home Partners of America will benefit from is that it removes the process of moving and having to find a new home.

Many home buyers that were hit hard by the housing bust aren't taking advantage of the current economy low interest rates and real estate market because they can't qualify for a mortgage. With some exceptions, Fannie Mae and Freddie Mac, the government agencies that back more than half of all home loans, require a borrower who completed a short sale to wait four years for another federally insured mortgage. A foreclosure requires a seven-year wait.

By 2022, more than 300,000 South Floridians who lost their homes during the bust will have cleared up their financial issues and become eligible to buy again, show reports from RealtyTrac Inc. These buyers should be able to own again, as long as they've rebuilt their finances and secured steady jobs.

To reach those potential owners, Home Partners launched its lease-to-own program in 2012 and moved into South Florida last summer, so far investing $18 million in purchasing 58 homes. Residents can qualify for the program by proving they have sufficient income and no excessive debts.

Next, the new potential owners will choose real estate agent of their choice to help them find their new home. Home Partners negotiates with the seller, paying cash in hopes of securing the deal.

Once the sale has been completed, Home Partners may even repaint or make other minor cosmetic changes to the property. The tenant moves in and rents the home but is under no obligation to renew the lease or to buy the property.

So what if the prospective owner wishes to buy the home? The new resident can buy the home at any time by paying 5% above Home Partners' total acquisition costs, including renovations. Home Partners is not a lender so the buyer will have to obtain their own financing in order the purchase the property.

If the new resident just wishes to rent the own until they are ready to buy years down the road, the rent will increase annually at 3.75%

This program provides rent and purchase price security that is added piece of mind on this market.