NORTH MIAMI KEYSTONE SANS SOUCI REAL ESTATE BIGGEST SALES (11-08-19)

11-08-19 North Miami 1

NORTH MIAMI KEYSTONE SANS SOUCI REAL ESTATE BIGGEST SALES

*as of  November 8,  2019

11-08-19 North Miami 2

WE HAVE THE KEY TO YOUR DREAM HOME. CHECK OUT REAL ESTATE PROPERTIES FOR SALE IN NORTH MIAMI KEYSTONE SANS SOUCI .

Call now for real estate inquiries! 305-741-2142 or visit www.ralphmagin.com

#RealEstateMiami #SouthFloridaRealEstate #RealEstateNorthMiamiKeystone #NorthMiamiKeystoneRealEstate

Check out homes for sale in North Miami Keystone Sans Souci. Contact Ralph Magin, your trusted real estate agent, at 305-741-2142 or visit http://ralphmagin.com/ for real estate inquiries.

 

2019 11-08 1

Don’t be tempted by offers of cash on your mortgage. These are the risks.

BY SARAH MORENO – Miami Herald

 

People across the United States are increasingly seeking to borrow against their home equity, increasing the nation’s mortgage debt to banks and putting their ownership at risk in case of a recession.

A new study indicates that 76.6 percent of the mortgage refinancing currently underway includes the idea of getting cash. This type of refinancing, known as cash-out refinancing, was one of the causes of the Great Recession in 2008.

Florida ranks seventh among the states for this type of loan, according to the study by Refi Guide, a website that offers news reports and recommendations from experts about mortgage loans.

The study, based on data from mortgage giant Freddie Mac for 1990-2019, showed that cash-out mortgages represented 90 percent of the loans in the years before the Great Recession. By 2012, the percentage had fallen to 12 percent, but by 2018 it had exploded back to 80 percent.

Mortgage experts agree that it is common and can be even advantageous for people to take advantage of lower interest rates. For example, if you have a 6 percent mortgage it would be a good idea to refinance now because interest rates are lower. It could also be a good idea if you have a variable interest mortgage to refinance at a fixed rate.

But a cash-out deal that allows homeowners to obtain cash using their property as collateral carries a series of risks that makes experts recommend avoiding them.

2019 11-08 2

“That should not be done, because you’re using your home like a savings account,” said Leo González, mortgage officer at CMG Financial, based in South Florida.

There are many reasons for taking a cash-out loan, including using the money to pay off credit card debt at high interest rates, buying a new car, paying for expensive trips or student loans, weddings and home renovations.

The loans are based on the value of the homes compared to the outstanding mortgages, known as equity.

By borrowing cash against the equity, homeowners can increase their monthly payments and put themselves at risk if they lose their jobs.

A recession usually leads to an increase in unemployment as well as a drop in real estate sales and values, which would make it even more difficult to sell a property for the sum owed to the bank.

That was one of the reasons why many people opted to stop paying their mortgages and go into foreclosure during the 2008 recession.

The Refi Guide report showed that in Florida, 1.2 percent of the cash-out refinancing is designed to get cash, meaning that many people would be vulnerable in case of an economic crisis.

Alaska heads the list of states with those types of refinancing at 3.7 percent, followed by Nevada at 1.7 percent. Florida, Idaho, Texas, Utah and Arizona are tied at 1.2 percent.

The states with the lowest percentages are Wisconsin (0.4%), Connecticut (0.5%), Vermont (0.6%), Iowa (0.6%), Hawaii (0.6%), Maryland (0.6%), Illinois (0.6%), Massachusetts (0.6%), Virginia (0.6%) and Washington D.C. (0.6%).

Credit Source: Miamiherald.com

 

#RealEstateMiami #SouthFloridaRealEstate #RealEstateNorthMiamiKeystoneMiami #NorthMiamiKeystoneRealEstate

Check out homes for sale in North Miami. Contact Ralph Magin, your trusted real estate agent, at 305-741-2142 or visit http://ralphmagin.com/ for real estate inquiries.

Ralph Magin, GRI, CRB, Broker Associate
Coldwell Banker Residential Real Estate
40 Years Experience Over 3,000 Homes Sold
305-741-2142 – RalphMagin@yahoo.com – www.RalphMagin.com

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What Is the Best Time to Buy a House?

What Is the Best Time to Buy a House?

 

What Is the Best Time to Buy a House?

Sure, you can consider market conditions. But when to buy a house is really all about you.

 

Timing determines so much when you’re buying a house. Although the best time to buy a house is when you’re ready both financially and emotionally, there are other factors that can help you decide when to buy a house.

By timing your purchase just right, you can nab a great home that’s just right for you.

What Is the Best Month to Buy a House?

Let’s make this clear: There’s no such thing as a guaranteed “best month” to purchase a home. (C’mon, we never said this would be easy!)

While some conventional wisdom says there is a best time of year to buy a house — during spring home buying season (April to June) — there are pluses and minuses when it comes to what month you choose to purchase a home.

(Note: Real estate is local. Determining a best time utlimately depends on conditions in your local market.)

Here we’ve outlined some of the reasons different months can turn out to be the best time to buy a house for you:

January to March. Winter isn’t such a bad time to buy a house. Though there’s less inventory — meaning there are fewer homes for sale — there are fewer home buyers too, so you have less competition. That means there’s a lower likelihood of a bidding war, which can be a stressful experience for home buyers. Another benefit of buying a house during the cold-weather months: Home prices are typically the lowest they’ll be all year.

Still, there are drawbacks to buying a house between January and March. Inclement weather can also be a challenge, since snow or ice could make it difficult to drive around and view homes or do a thorough home inspection of some elements, such as a roof. 

April to June. Welcome to spring home buying season— the peak months for not only housing supply, but also the number of home buyers shopping for houses. Because most families want to move when the kids are out of school, there’s a big incentive to buy a house this time of year, since many home buyers need to allow 30 to 60 days for closing.

The warmer weather also makes open houses more enjoyable, landscaping easier to evaluate, and inspections more comprehensive.

Even though it’s generally regarded as the best time of year to buy a house, there are downsides to the spring market. For starters, you’ll face more competition from other home buyers —  meaning you have to move quickly when a great listing hits the market. Bidding wars are a lot more common, you tend to have less negotiating power, and home prices tend to tick up during spring.

July to September. If you can handle the heat (and a little competition), summer may be one of the best times of year to buy. Now that the spring home buying craze is over, most home prices return to normal, allowing you to save some money. The sunniest time of the year also makes being outdoors and attending open houses more enjoyable.

The hot temperatures also give home buyers the opportunity to test how well a property’s air conditioning system holds up in warm weather, which is something they can’t usually test during other times of the year.

October to December. The main downside of buying a house in autumn is that there may not be as many homes for sale in the fall as there are in the spring. But it’s not like the market goes completely quiet.

Many home buyers consider fall the best time of year to buy a house because of price reductions. Because home sellers tend to list their homes in the spring, sellers whose houses haven’t sold yet may be motivated to find buyers, and prices start to reflect that.

Is 2019 a Good Year to Buy a House?

Economic forecasts vary every year, but waiting around for annual market fluctuations isn’t the best way to decide when to buy a house. The best year to buy a house is when you and anyone you intend to buy a house with are ready. 

To help, complete this home buying worksheet with your home buying partner to help determine if now is the best time to buy a house you can reasonably afford in the location you want. Then take your worksheet to a REALTOR® and discuss your options.

Why doesn’t the year matter much? The housing market and your local real estate market do change, but they tend to change gradually. Even if waiting a couple of years for those factors to change can save you a bit of money, the bigger question is how much more money you could gain in equity by owning a home during those two years. 

While everyone’s financial situation will be different deciding when to buy a house is mostly about the timing that is best for you, not when the market is perfect.

Are Interest Rates Good in 2019?

Many home buyers try to time the market by monitoring mortgage rate changes with the hopes of pouncing on a remarkably low rate. But interest rates are like the stock market — no one has a crystal ball that can accurately predict when rates will rise or fall.

Plus, what’s considered a good interest rate is relative. Interest rates today are low compared to what they were 20 to 30 years ago. Mortgage rates reached an all-time high of 18.45% in 1981, as the U.S. Federal Reserve drove up rates in an effort to counteract double-digital inflation. By the end of the 1980s, though, mortgage rates had finally crept below 10%.

Interest rates continued to decrease over the 1990s and 2000s. Today, mortgage rates are at historic lows. 

Market interest rates are just one part of how affordable a house will be for you at any given time. Your credit score, for example, helps to determine the interest rate a mortgage lender will offer you.

Then, fluctuations in property taxes and homeowner’s insurance can affect overall home ownership costs as much as changes in interest rates can. So overall, current interest rates play a pretty small role in the best time to buy a house for you.

Does 2019’s Economy Support Home Buying?

Economic conditions are different from region to region and even from one ZIP code to another in the same city, so whether this year is the best time to buy a house can depend on where you are.

One tool you can use to assess the state of your local housing market is realtor.com®’s Market Hotness Index, which tracks home sales and home buyer activity across the country. In addition, the National Association of REALTORS® (NAR) measures monthly single-family home sales in the four major U.S. regions (Northeast, Midwest, South, and West).

Still, nothing beats having a savvy real estate agent in your corner to gauge the local market for the best time to buy a house. After all, the right agent knows your local housing market down to the neighborhoods — and can help you interpret the raw housing market data to help you time your home purchase well.

When Is the Best Time in Your Life to Buy a House?

There’s no magical age or life stage at which you’ll know for sure exactly when to buy a house. There are, however, a few factors you’ll want to take into account.

Finances. How’s your credit score? Can you afford to take on a monthly mortgage payment? Do you have enough cash to pay for a down payment and closing costs? Sit down with a mortgage lender who can help you evaluate your finances.

You’ll also need to budget for home maintenance expenses. One rule of thumb says homeowners should set aside 1% to 3% of their home’s purchase price a year for home maintenance and repairs. So, if your home cost $400,000, you’d set aside at least $4,000 annually. (Doing preventative maintenance, however, can go a long way toward staving off expensive repairs.)

Stability. If you’re on solid ground financially, with a stable job to support you, buying a home can be a way to lower your monthly housing costs (real talk: Owning is often cheaper than renting in some cities), gain a valuable financial asset, and, if you itemize, reap some tax benefits.

If you’re ready to commit to a home and city (and your job) for a few years, you’re probably in a stable enough situation to be a homeowner.

Lifestyle: Owning a house allows you to develop a strong relationship with a local community. Buying a home should align with your life goals. If you’re starting a family soon, planting your roots in a kid-friendly neighborhood with a great school district is usually a good reason to buy a house. 

There’s also something to be said about the pride of owning a home and having a place you can call yours — one that you can customize to your heart’s desire.

Should You Buy or Rent?

To rent or to buy a home — it’s a common conundrum. Often this is the core financial decision potential home buyers wrestle with when deciding when to buy a house. To sort it out, start with your exit plan.

If you expect to be moving within the next couple of years, you probably should rent. Why? Because the general rule is it only makes sense to buy if you plan to stay in the home for at least two to three years.

Likewise, if you’re not ready to take on the maintenance responsibilities of being a homeowner, or aren’t ready to commit to a particular community right now, renting an apartment likely makes more sense than buying a home.

The local housing market is also a factor in the decision to buy or rent. In some cities, renting can be cheaper than owning, though price appreciation often brings wealth to buyers. Therefore, the financial benefits of owning a home and gaining equity over time is a better way to spend your money than forking it over to a landlord.

Investing vs. Living

The best time to buy a house for the first time is generally when you’re ready to live there long term. Long term, real estate can be a lucrative path towards financial success, particularly if you can nab a low interest rate in the right housing market.

But a lot of factors go into whether buying an investment property is the right move for you, including how much risk you can tolerate and the local economy.

Generally, it’s smart to consider your first home purchase all about you. It’s about investing in a place you can make your own and live your life day to day. 

The moral? There’s nothing quite like home ownership. While not everyone is ready for it, if you’ve determined the best time to buy a house is right now, it can be the beginning of the most satisfying journey of your life.

Check out homes for sale in Miami. Contact Ralph Magin, your trusted real estate agent, at 305-741-2142 or visit http://ralphmagin.com/ for real estate inquiries.

#RealEstate #RealEstateAgent #RealEstateMiami #RealEstateSouthFlorida

#SouthFloridaRealEstate #RealEstateExpert #homeselling 

Ralph Magin, GRI, CRB, Broker Associate
Coldwell Banker Residential Real Estate
40 Years Experience Over 3,000 Homes Sold
305-741-2142 – RalphMagin@yahoo.com – www.RalphMagin.com

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Planning on Buying a Home? Be Sure You Know Your Options

Planning on Buying a Home? Be Sure You Know Your Options.

Planning on Buying a Home? Be Sure You Know Your Options

 

When you’re ready to buy, you’ll need to determine if you prefer the charm of an existing home or the look and feel of a newer build. With limited existing home inventory available today, especially in the starter and middle-level markets, many buyers are considering a new home that’s recently been constructed, or they’re building the home of their dreams.

 

According to Robert Dietz, Chief Economist at the National Association of Home Builders (NAHB),

 

“The second half of 2019 has seen steady gains in single-family construction, and this is mirrored by the gradual uptick in builder sentiment over the past few months.”

 

This is great news for homebuyers because it means there is additional inventory coming to the market, giving buyers more choices. The most recent data from NAHB shows,

 

“The inventory of new homes for sale was 321,000 in September, representing a 5.5 months’ supply. The median sales price was $299,400. The median price of a new home sale a year earlier was $328,300.”

 

Another added bonus is that builders are very aware of buyer demand in this segment, so they’re now building in a price range where there are more interested buyers ($299,400 instead of $328,300). With a reduced sales price and low-interest rates, today’s buyers have strong purchasing power.

 

Bottom Line

If you’re thinking of buying a home, you may want to consider a new build to meet your family’s needs. Contact a local real estate professional to learn more about the process and what’s available in your area.

Check out homes for sale in Miami. Contact Ralph Magin, your trusted real estate agent, at 305-741-2142 or visit http://ralphmagin.com/ for real estate inquiries.

#RealEstate #RealEstateAgent #RealEstateMiami #RealEstateSouthFlorida

#SouthFloridaRealEstate #RealEstateExpert #homeselling 

Ralph Magin, GRI, CRB, Broker Associate
Coldwell Banker Residential Real Estate
40 Years Experience Over 3,000 Homes Sold
305-741-2142 – RalphMagin@yahoo.com – www.RalphMagin.com

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MIDTOWN MIAMI REAL ESTATE BIGGEST SALES (11-01-19)

Midtown Miami Real Estate Biggest Sales

MIDTOWN MIAMI REAL ESTATE BIGGEST SALES

*as of November 1, 2019

Midtown Miami Real Estate Biggest Sales

WE HAVE THE KEY TO YOUR DREAM HOME. CHECK OUT REAL ESTATE PROPERTIES FOR SALE IN MIDTOWN MIAMI .

#RealEstateMiami #SouthFloridaRealEstate #RealEstateMidtownMiami #MidtownMiamiRealEstate

Call now for real estate inquiries! 305-741-2142 or visit www.ralphmagin.com

 

What’s next for the Midtown Miami site once destined for a Walmart?

What’s next for the Midtown Miami site once destined for a Walmart?

BY REBECCA SAN JUAN – Miami Herald

 

Walmart sold its property in Midtown Miami last week, and while the new owner has released only a few details, the plans are meeting favor with area residents who opposed putting a Walmart on the site.

“We are still in the preliminary planning phase of the site’s development,” wrote Alex Vadia, principal of Midtown Opportunities, the new owner, via email. “The vision is of a substantial development that will activate the parcel’s strategic corner location while blending in with the neighborhood’s current aesthetic. The project will be large-scale and multi-use with an organic grocer retail anchor.”

The concept was right in line with the thinking of Grant Stern, an Edgewater resident who opposed the idea of Walmart on the site.

“I’m excited for a regular mixed-use development,” said Stern, a mortgage broker. “I would love to see a movie theater and organic grocer.”

Walmart bought the 200,353-square-foot property at 3055 N. Miami Ave. in 2014 for $8.2 million with plans for a three-story building with five loading bays.

Midtown Miami Real Estate Biggest Sales

Area residents actively opposed the retail giant, filing legal challenges that were ultimately decided in Walmart’s favor. The company actually broke ground on the project in 2016.

Since 2011, Midtown Opportunities has owned air rights over the property as well as neighboring parcels. Last week’s purchase brought its total holdings to 5.5 acres and air rights allowing 24 to 36 stories of vertical construction.

In addition, Midtown Development, a branch of Midtown Opportunities, will open the 32-story mixed-use building Midtown 6, at 3101 N.E. First Ave., in 2020. Magellan Development Group is a partner in that deal.

Credit Source: miamiherald.com ; Credit Image: Business Journals 

#RealEstateMiami #SouthFloridaRealEstate #RealEstateMidtownMiami #MidtownMiamiRealEstate

Check out homes for sale in Midtown Miami. Contact Ralph Magin, your trusted real estate agent, at 305-741-2142 or visit http://ralphmagin.com/ for real estate inquiries.

Ralph Magin, GRI, CRB, Broker Associate
Coldwell Banker Residential Real Estate
40 Years Experience Over 3,000 Homes Sold
305-741-2142 – RalphMagin@yahoo.com – www.RalphMagin.com

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First-Time Home-Buyer Programs You Should Know About

First-Time Home-Buyer Programs You Should Know About

First-Time Home-Buyer Programs You Should Know About

 

They can slash your down payment, offer lower interest rates or help with low credit scores.

 

You know first-time home-buyer programs are out there.

But how do you find the right one?

Start by talking to a local mortgage broker. They’ll be familiar with the programs that are most likely to benefit you — including local home-buyers programs that might not be as well publicized.

These programs have provided an average of $11,000 in assistance to individual home buyers, according to Down Payment Resource, a nationwide database of roughly 2,500 home ownership programs that helps match buyers and properties. That assistance can vary greatly between disparate cost-of-living markets like Southern California and Iowa, according to Down Payment Resource. Some 87% of properties are eligible for some kind of assistance.

Of the programs tracked by Down Payment Resource, for example, 69% offer down payment assistance.

“Paying 20% down is, quite frankly, a myth,” says Karen Hoskins, vice president at NeighborWorks and bearer-of-great-news. “Most buyers pay only 5% to 10% down — some even pay zero.”

The key to finding a no-money-down home loan is finding the right assistance program. And there’s no shortage of them if you qualify.

Here’s where to find the financial help you need to buy a home:

National First-Time Home-Buyer Programs

Because they’re at the national level, they’re often the ones people turn to first:

  • FHA. Helps first-time buyers — especially those with lower credit scores — buy with down payments as low as 3.5% (low-down).
  • USDA Rural Development Loans. For low-to-middle income families buying homes in towns with populations of 10,000 or fewer people or that are “rural in character.” That means some areas with bigger populations have been grandfathered into the program (zero down).
  • VA Home Loans. Helps service members, veterans, and eligible surviving spouses (zero down).
  • Government-sponsored enterprises. Fannie Mae and Freddie Mac, which set the rules for mortgages nationwide, both offer programs allowing eligible buyers to put down as little as 3% of the purchase price. That’s even lower than FHA (low-down).

But those aren’t the only options. Too often, buyers neglect to look for help locally, which may offer even better assistance.

State and Local First-Time Home-Buyer Programs

What is the first time home buyer program that is right for you? Municipalities and states offer numerous options — even if you don’t have the down payment.

Qualifications vary based on the agency or the community requirements, but assistance programs generally:

  • Have income limits
  • Have purchase price limits
  • Require participants to take home buyer counseling

Other requirements — like whether you’re a first-time buyer, how good your credit is, where you have to buy, whether you have to rehab the home, or if you need to be part of a group, such as active military, veterans, or teachers — depend on the program.

Assistance comes in these forms (Note: Specific programs named as examples below may change or close over time.):

Forgivable loans and grants. These are literal gifts for some or all of the down payment and closing costs, which means there’s no recorded lien or mortgage on that money. Eligibility and terms will vary and funds are limited. Example: The National Home Buyers Fund, Inc. offers down payment and closing cost assistance up to 5% of the mortgage loan amount as a gift or zero-interest second mortgage that’s forgiven after three years.

Second mortgages. As the name suggests, these loans are in addition to your primary home mortgage. They can help with items such as down payments and closing costs on your primary mortgage. They take a variety of forms, and the differences can be confusing. The most important thing isn’t the terminology, though; it’s knowing they exist, because they can offer substantial down payment assistance (DPA) and favorable terms.

  • Soft mortgages. These DPA loans are deferred for some period of time based on a particular program’s requirements. Occasionally, they’re forgivable. Example: The Home Purchase Assistance Program in Washington, D.C., defers payments for five years for moderate-income borrowers. 
  • Silent seconds. DPA repayment is deferred until you sell or refinance. The city of Napa, Calif., for instance, offers eligible first-time buyers up to $58,000 or 30% of the purchase price, whichever is less, at 1% interest. The loan can be deferred for the 30-year term if you stay in the home.
  • Hard seconds. You start paying off the DPA loan as soon as you close. Programs offer a variety of loan amounts and interest rates (some below-market) depending on your eligibility.

First mortgages at below market interest rates. Local and state agencies subsidize a mortgage to make it more affordable for the buyer by reducing the interest rate, or offering 100% financing (which means no down payment), and sometimes waiving mortgage insurance, too.

Mortgage credit certificates (MCCs). Issued by some state or local governments, MCCs allow taxpayers to claim a tax credit (Form 8396) for some portion of the mortgage interest paid during a given tax year. A credit, unlike a deduction, is a dollar-for-dollar savings on your tax liability.

You don’t have to itemize to use this credit, according to Greg Zagorski, senior legislative and policy associate at the National Council of State Housing Agencies. It’s capped at $2,000 per year, and you can claim it throughout the life of the loan.

A cool tax benefit of MCCs is that if your tax liability one year is lower than the credit, you can roll over the amount you can’t claim to the next year. If you make more the next year (and therefore have more tax liability), you can claim what you couldn’t before.

How to Find a First-Time Home-Buyer Program You Qualify For

  • Housing counselors, who are free (!) and can discuss what mortgage options are best for you, are available through housing finance agencies and organizations like NeighborWorks. Find HUD-approved housing counselors by state here. Or contact your state’s housing finance agency.
  • Check your eligibility for a host of DPA programs at Down Payment Resource.
  • Find a good mortgage broker, who should have information about down payment programs in your area and can help you determine your eligibility.
  • Talk to your real estate agent.

A final note: When you put down less than 20%, you pay private mortgage insurance (PMI) each month to protect the lender’s interest. On the other hand, not having to save up for a 20% down payment can get you into a home a lot faster. And you can cancel PMI (except for FHA loans) once you reach 20% equity.

Check out homes for sale in Miami. Contact Ralph Magin, your trusted real estate agent, at 305-741-2142 or visit http://ralphmagin.com/ for real estate inquiries.

#RealEstate #RealEstateAgent #RealEstateMiami #RealEstateSouthFlorida

#SouthFloridaRealEstate #RealEstateExpert #homeselling 

Ralph Magin, GRI, CRB, Broker Associate
Coldwell Banker Residential Real Estate
40 Years Experience Over 3,000 Homes Sold
305-741-2142 – RalphMagin@yahoo.com – www.RalphMagin.com

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Buying a home can be SCARY…Until you know the FACTS [INFOGRAPHIC]

Buying a home can be SCARY…Until you know the FACTS [INFOGRAPHIC]

Buying a home can be SCARY…Until you know the FACTS [INFOGRAPHIC]

Some Highlights:

Many potential homebuyers believe they need a 20% down payment and a 780 FICO® score to qualify to buy a home. This stops many people from even trying to jump into homeownership! Here are some facts to help take the fear out of the process:

  • 71% of buyers who purchased homes have put down less than 20%.
  • 78.1% of loan applications were approved last month.
  • In September, the average credit score for approved loans was 737.

Check out homes for sale in Miami. Contact Ralph Magin, your trusted real estate agent, at 305-741-2142 or visit http://ralphmagin.com/ for real estate inquiries.

#RealEstate #RealEstateAgent #RealEstateMiami #RealEstateSouthFlorida

#SouthFloridaRealEstate #RealEstateExpert #homeselling 

Ralph Magin, GRI, CRB, Broker Associate
Coldwell Banker Residential Real Estate
40 Years Experience Over 3,000 Homes Sold
305-741-2142 – RalphMagin@yahoo.com – www.RalphMagin.com

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MIAMI SHORES REAL ESTATE BIGGEST SALES (10-25-19)

Miami Shores Real Estate Biggest Sales

 

MIAMI SHORES REAL ESTATE BIGGEST SALES

*as of October 25, 2019

Miami Shores Real Estate Biggest Sales

WE HAVE THE KEY TO YOUR DREAM HOME. CHECK OUT REAL ESTATE PROPERTIES FOR SALE IN MIAMI SHORES .

#RealEstate #RealEstateSouthFlorida #RealEstateMiamiShores

Call now for real estate inquiries! 305-741-2142 or visit www.ralphmagin.com

2019 10-25 World War

She’s made it her mission to help Miami veterans. She helped World War II vet get new home.

BY BEA L. HINES – Miami Herald 

 

Nov. 11 is a special day in America. It is Veterans Day, a day we thank and honor those men and women who have served our country.

But not all veterans have been honored with dignity.

Consider the late Luther James Cox, a black veteran who served in World War II and was among those who invaded Normandy on D-Day, June 6, 1944. Cox entered the war from his hometown of Loris, South Carolina. After the war, he relocated to Miami and settled in Liberty City.

As a black veteran, his service seemed to go unnoticed, said his daughter Audrey James.

Cox was wounded in the war, and was never quite the same when he came home, James said. “He was a long-distance truck driver, but because of his wounds and the PTSD he suffered, the job was difficult for him,” James said.

 

There were few opportunities for blacks returning from the war. It was as though their sacrifices meant nothing. As he grew older and more dependent, James said she moved her dad in with her to care for him.

“I took him to his doctors’ appointments at the Veteran Administration Hospital. I noticed there were a lot of veterans, young and old, just sitting waiting to be helped. They sat for hours, not getting the medical attention they needed,” she said.

That’s when James became an impromptu advocate for her dad and for the other veterans who needed help. She said she asked so many questions that a nurse sent out a doctor to speak to her about the conditions.

“After then I noticed a positive change in the waiting room time; it seemed to get shorter. I figured that all that was needed was for someone to speak up for these men and women who sacrificed themselves for their country,” James said.

2019 10-25 World War 2

Her father was 88 when he died in 2007. But James said her work didn’t end with his death. “Some of my dad’s last words were; ‘Don’t ever stop looking out for my brothers and sisters who served in the war,’ ” James said.

She hasn’t.

After her dad’s death, James began visiting the VA Hospital on a regular basis, asking the vets what their needs were. Many said they needed decent housing and food.

Four years ago, James, who lives on a fixed income, started buying groceries for the vets and delivering it to their homes. When the American Food Bank learned of her selfless deeds, the food bank started donating food to her effort.

One of her most memorable veterans was the late Charles Adderley, who when he died was Miami’s oldest veteran of World War II.

“It was raining the day I took some food to Mr. Adderley,” she said. “When he opened the door, I noticed a moldy smell. He invited me inside, and I saw buckets everywhere, positioned to catch the rain water pouring in from a leaky roof. There were buckets in his closets; in his bedroom; his kitchen. You could see the sky from the holes in his roof. He was living in a deplorable condition,” James said.

She asked Adderley to allow her to get some help for him. “He said, ‘Go ahead my daughter…’ He had tears in his eyes.”

James said she first hit a dead end.

“I then called a local television station, and was directed to a Broward County agency. The agency was willing to work with me but couldn’t because they were in another county, “ James said.

They turned the information over to another local TV station, who sent out a team to Adderley’s house on a day James was preparing a meal for him. The TV station did a story on Adderley and Volunteers of America stepped in. They discovered that Adderley, who was born in Overtown on March 3, 1924 and graduated from Booker T. Washington Jr./Sr. High, was the oldest veteran in Miami.

Rebuilding of Miami, along with other organizations, rebuilt his house and Adderley lived out his last days in a comfortable setting.

Along with his new home, Adderley became somewhat of a local celebrity. In December 2017, CNN flew Adderley and James to New York to help ring in 2018.

Today, James is still helping veterans who need help with food, housing and other needs. Last year, she helped organize an event/service at her church, Greater Harvest Baptist Church, 2310 NW 58th St., to honor all veterans.

This year, the church has partnered with Veterans of Foreign Wars Post 471 and the Vietnam Veterans of America to host the Veterans Day celebration on Nov. 11. The Rev. Kenneth McGee, senior pastor of the church, will officiate.

The day will include the service/celebration at 10 a.m, followed by a luncheon. At 3 p.m., there will be a gospel concert Admission is free, but donations will be accepted. Call Alvin W. Roberts at 786-385-2634 or email: Alvin@cilisf.org; or James at 305-305-3658 or email LutherJCoxCDC@gmail.com.

 

Credits Source and Image: miamiherald.com

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Check out homes for sale in Miami Shores. Contact Ralph Magin, your trusted real estate agent, at 305-741-2142 or visit http://ralphmagin.com/ for real estate inquiries.

 

Ralph Magin, GRI, CRB, Broker Associate
Coldwell Banker Residential Real Estate
40 Years Experience Over 3,000 Homes Sold
305-741-2142 – RalphMagin@yahoo.com – www.RalphMagin.com

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