Key West, Florida — June 18, 2008


Image by Ray_from_LA
Me in front of another house I can’t afford–Ernest Hemingway’s Key West property. Even for a writer, the guy had impressive digs–a whole acre of land with four separate buildings! The tour guide said it was the largest residential lot on the island and that a comparable property sold for million a few years ago. I wonder how the hell Hemingway could’ve afforded this given the reading population was so much smaller than now and he wasn’t exactly James Patterson or John Grisham in sales either.

PREO, LLC., developer of turnkey loss mitigation technology solutions for the mortgage and real estate industries, today announced the appointment of Heather Guerin as the companys president effective immediately.

Guerin, who most recently served as senior vice president of operations, is charged with leading PREO in its mission to expedite the disposition of servicers non-performing assets by more rapidly turning abandoned and distressed properties, back into family homes.

Our products are designed to meet the challenges faced by the mortgage servicing and real estate industries and Heather understands those needs like no one else, said James Albertelli, PREO founder and CEO. I am excited to have Heather as president and am confident her leadership skills and tremendous industry insight will materially strengthen and propel PREO into the next stages of growth and success.

Prior to joining PREO, Guerin served as vice president of loss mitigation at OneWest Bank, where she was responsible for managing the short sale and deed in lieu departments. Guerin is also experienced in real estate having been a highly regarded, top producing Keller Williams agent.

PREOs comprehensive technology-based solutions enable our customers to increase the ROI or NPV of cash received from the REO process while simultaneously helping the current defaulting homeowner gain meaningful relief, said Guerin. I am excited to have joined PREO at such a unique economic time and look forward to working together with our employees, servicers and agents to provide and implement real solutions for our nations mortgage crisis.

About PREO, LLC.

PREO was created by real estate, foreclosure and bankruptcy attorney James E. Albertelli, Esq. to be the complete default marketplace. Over 15 years of representing lenders and servicers in judicial and non-judicial states, Mr. Albertelli obtained a wealth of knowledge about the shortcomings of the traditional methods of foreclosing and selling property. He sought to design a better way to increase the ROI or the NPV of cash received from the REO process and at the same time help the current defaulting homeowner to gain meaningful relief. Out of those concerns, PREO was born.

WHAT: Trunkey loss mitigation solutions for the liquidation of REO and pre-foreclosure inventory

WHO: Bringing together lenders, buyers, homeowners, and real estate agents

WHY: Because short sales can be completed more quickly and easily

HOW: By using technology to simplify/standardize processes, and providing market clarity to pricing

PREO is headquartered in Tampa, Florida. For more information visit http://www.PREO.com.

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More Real Estate In Florida For Sale Press Releases

Best answer:

Answer by Lester M
in all states you need a license..you have to get a course and pass a test ..go to ( real state license) in internet

What do you think? Answer below!

Most homeowners purchase insurance to cover their most expensive and valuable asset. Certain areas of the country present special challenges because of the terrain and weather that increase risk of ownership. Florida residents face special challenges when attempting to purchase sufficient insurance coverage at affordable rates. Knowing the special coverage types required and what insurance packages are offered by Florida Home Insurance providers is the best way to protect your home.

Every Florida home insurance policy must cover sinkhole damage. A sinkhole will open when limestone dissolves and creates an underground cavern that becomes progressively weaker until the ceiling collapses and opens to the surface. Certain areas of Florida are more vulnerable and homeowners must be aware of the rate differences when purchasing homeowners insurance.

Hurricane coverage is another special coverage for Florida homeowners. Most homeowners will carry deductibles up to 3% of the homes value to offset exorbitant insurance premiums. Saving for the cost of the deductible is essential to being prepared when a storm strikes.

Flood coverage is never included in the basic home insurance policy. Florida residents are encouraged to purchase flood insurance that will cover the cost of water pushed ashore as a hurricane makes landfall. Because most of Florida is near sea level, flooding is very common even with heavy rainstorms that can last for days at a time.

The Citizens Property Insurance Corporation was formed to underwrite home insurance policies for homeowners who reside within the wind-borne debris region, which covers the entire Florida beachfront area. Whenever a homeowner has become uninsurable by standard definition, the CPIC will assist the resident in constructing an affordable insurance policy to cover their property.

Extended replacement cost coverage was developed to insure against the rising cost of labor and materials in the aftermath of a major storm. Residents often encounter building material shortages that cause prices to soar when the repairs must be completed in a timely manner. This special form of Florida home insurance is added to policies in various areas of the state.

Three different Florida home insurance policy packages exist to define the exact coverage levels for certain threats. Broad form (HO-2) insurance will cover vandalism, fire or lightning, hail and windstorm explosion, and other perils that are naturally occurring. Special form (HO-3) is the most popular type of home insurance and covers the property against every threat that is not excluded specifically by the documentation. Modified Coverage Form (HO-8) is a narrower insurance policy limited to riot or civil commotion, vehicle damage, aircraft, theft, and certain natural disasters.

Insurance agents work directly with the insurance providers to construct policies that cover property as replacement costs rise. Experienced agents will monitor the coverage limits and remind the homeowner to make changes as necessary. When purchasing Florida home insurance, consult with a reputable agent to ensure your property is covered against the most common perils.

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Condo Q&A: Association should pay incidental damages
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3.0 bed(s) 3.0 bath(s) Katrina Campins Luxury Real Estate Specialist Phone: 786-493-5652 Email: Sofia@tccse.com tours5.vht.com
Video Rating: 4 / 5

Question by : How do you go about buying a property in Florida with cash no mortgage?
We are looking at a property in Florida. We have cash. It is in a mobile home park with a share of the park. How involved is this? Title search? Lawyer?

Best answer:

Answer by Sandeep Kantameni
its hard

Add your own answer in the comments!

‘The 2nd Annual EB-5 Finance and Investment Forum’ is drawing U.S. commercial real estate developers, immigration attorneys, investment bankers, EB-5 executives, private bankers, and venture capitalists, among others, to be educated on the latest happenings in the EB-5 Regional Center Program. The March 20, 2012 Miami conference will be centered on the Immigrant Investor Program, a 1990 initiative of the U.S. Congress. This program, which is more widely known as ‘EB-5,’ seeks to stimulate the U.S. economy through job creation and capital investment from wealthy immigrants, while providing those immigrants a practical green card alternative. The program has been a growing success, with much foreign investment pouring in from China, Korea, and the U.K. In the past five years, more than $ 3 billion of foreign capital have been invested into the U.S. through EB-5, creating thousands of jobs in a variety of industries. The Forum aims to help U.S. companies and individuals tap into more of this international investment capital.

This years day-long event will feature some of the most experienced and knowledgeable professionals from the EB-5 Regional Center Program and the foreign investment industry. Scheduled speakers include Mr. Brian Su, CEO of Artisan Business Group, Inc. and the EB-5 China Marketing and Field Support Center, Ms. Jo Ann Clarke, Founder and President of The EB-5 Resource Center, LLC, Dr. Scott W. Barnhart, Associate Professor of Finance at Florida Atlantic University and Founder of Barnhart Economic Services, LLC, Mr. Ronald Fieldstone, Attorney and Partner of Arnstein & Lehr LLP, Miss Karen Caco, Partner and Immigration Attorney of Bernstein Osberg-Braun & deMoraes, Mr. Roger A. Bernstein, Partner and Immigration Attorney of Bernstein Osberg-Braun & deMoraes, and Mr. David Appel, CPA and Senior Partner of Marcum LLP.

Miami is one of the most attractive destinations for a lot foreign investors, especially investors from Latin America and European countries. We want to showcase how local investment projects can successfully utilize EB-5 regional center program to attract foreign capital and create local jobs much needed by the communities, says Brian Su, organizer of the conference.

This years Forum will provide both EB-5 professionals and those inexperienced with the program a great opportunity to learn more about foreign investment and meet with field experts. Those attending will get the opportunity to showcase their services and investment projects to others while making connections and developing strong relationships with top EB-5 attorneys and consultants. The forum event is being hosted and sponsored by Artisan Business Group, Inc., and will be held at the Homewood Suites Miami Airport Blue Lagoon Hotel. Those attending the event also have the opportunity to meet the prior day with Artisan Business Groups CEO, Mr. Brian Su, for a 1-hour private consultation.

For more information regarding the event, registration, or a private consultation with Mr. Su, please visit: http://www.eb5investmentforum.org.

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