Andrew Allen - Realtor

New Listing Alert.........

Here's your Miami real estate update for today:

The Miami real estate market remains strong, with high demand and low inventory continuing to drive up home prices. The median home price in Miami-Dade County was $500,000 in April 2023, representing a 15.6% increase from the previous year.

Luxury properties and waterfront homes continue to be in high demand, particularly among international buyers from Latin America and Europe. However, there has also been increased interest in suburban and rural areas, as many people are seeking more space and privacy in the wake of the pandemic.

New construction continues to boom in Miami, with developers building high-rise condos, luxury homes, and mixed-use developments to meet the demand.

Let me help you find your dream home! Send me a DM or reach me at:

☎️(786) 260 - 1923
📧[email protected]
🏢The Real Estate Experts | South Florida

IMPORTANT information to get your affairs in order.

💰Make sure all bank accounts have direct beneficiaries. The beneficiary need only go to the bank with your death certificate and an ID of their own.

🏡 TOD = Transfer On Death deed if you own a home. Completing this document and filing it with your county saves your heirs THOUSANDS. This document allows you to transfer ownership of your home to your designee. All they need to do is take their ID and your death certificate to the county building and the deed is signed over. Doing this will avoid the home having to go through probate.

DO NOT give your house to your kids; they will pay astronomical capital gains taxes on it. Set up a living trust and make them beneficiaries. You can incorporate your living will with it.

👨‍👩‍👧‍👦Living Will: Allows one to put in writing exactly what you want done in the event you cannot speak for yourself when it comes to healthcare decisions as well as other final decisions.

👩🏽‍⚖️Durable Power of Attorney: Allows one to designate a person to make legal decisions if one is no longer competent to do so.

🏥Power of Attorney for Healthcare: This document allows one to designate someone to make healthcare decisions for their person.

🛍Last Will and Testament: Designates to whom personal belongings will go too.

🪦Funeral Planning Declaration: Allows one to say exactly one’s wishes as far as disposition of the body and the services.

If the above documents are done, you can AVOID probate.

If all the above is NOT done, you have to open an estate account at the bank. All money that doesn’t have direct beneficiaries goes into this account. You have to have an attorney to open the estate account. The attorney also has to publicize your passing in the newspaper or post publication at the county courthouse, to allow anyone to make a claim on your property. - It’s a complete PAIN.

📚 💳Make a list of all banks and account numbers, all investment institutions with account numbers, lists of credit cards, utility accounts, etc. Leave clear instructions as to how and when these things are paid.

📂Make sure heirs knows where life insurance policies are located.

📝Make 100% sure SOMEONE knows your Apple ID, bank ID, account logins and passwords!

🚗 Make sure you have titles for all vehicles, campers, etc.!

Set up a trust for intended beneficiaries that are too young, and appoint a trustee of said trust.

MOST IMPORTANTLY!!!! - Talk with those closest to you and make all your wishes KNOWN. Talk to those whom you’ve designated, as well as those close to you whom you did not designate. - Do this to explain WHY your decisions were made and to avoid any lingering questions or hurt feelings.

⚡️Hope this helps! ⚡️Hope this lights a spark to encourage all your friends and family to take care of these things to make it easier for those we all leave behind!

My hope is that the above list at least helps you start an important conversation with your loved ones...

It's the month of giving thanks, so this is your friendly
reminder to cherish all the things you are grateful for
in your life. That includes the big things as well as
the small things, and everything else in between! Though we all have challenging moments, it's so
important to take a moment to practice gratitude and
thankfulness. It helps us remember all the good in our
lives! What are you thankful for?

Do you need help in finding your dream home? Send me a DM or reach me at:

☎️(786) 260 - 1923
📧[email protected]
🏢The Real Estate Experts | South Florida

Selling Fact!

First impressions matter in real estate. Make sure that the HVAC, plumbing, and electrical system all work properly. Each room should look clean and decluttered with no overt damage insight.

Let me help you find your dream home! Send me a DM or reach me at:

☎️(786) 260 - 1923
📧[email protected]
🏢The Real Estate Experts | South Florida

DID YOU KNOW?

It's an inevitability that walls will suffer some wear and tear when you have little kids. This hack will help you keep them looking fresher than they otherwise would be...

Let me help you find your dream home! Send me a DM or reach me at:

☎️(786) 260 - 1923
📧[email protected]
🏢The Real Estate Experts | South Florida

Elevate your business with trusted tools designed just for REALTORS®. Don’t miss this month’s Right Tools, Right Now products at a free or discounted price. Act now! http://ow.ly/8QV750NejNI

Do you have a house here in Miami? My listing just sold today! Congratulations to my client🎉

Let me help you sell your house, I can also help you find your dream home! Send me a DM or reach me at:

☎️(786) 260 - 1923
📧[email protected]
🏢The Real Estate Experts | South Florida