Miami Condo Fiasco

Comment from sorry dude
Time: June 4, 2008, 11:37 am

I am stunned that a smart man like you have gotten yourself in such a hole. Anybody who had a passing interest should have known Miami was about to implode. Go to any Miami-cotent message board, you will hear about the horrific Cuban-led racism, rudeness, traffic, crime, cost of living etc, etc. Miami is only home to those that cannot escape Miami.

However, i agree that you are smart to walk away from your condo. As those new condos will be nothing more than Section 8 public housing 3-5 years from now. Especially as the future Miami crime wave begin to strangle the throat of Miami-Dade county.

I, however, as a recent law student graduate, will soon join the hundreds of other future prosecutors to practice in Miami. As the word in the legal circiles is that Miami will soon turn into the most crime-ridden city in the Western Hemisphere.

Good luck, and god bless,

Comment from sorry dude
Time: June 5, 2008, 10:39 am

Arent you concerned that when you walk away, that you may ruin your credit for years to come?

Comment from W.C. Varones
Time: June 8, 2008, 1:02 pm

So what’s the conclusion? Did you walk away? I think you’ll be glad you did.

Comment from joe
Time: July 6, 2008, 6:41 pm

Dude before you put money down you should have financing secured. you obviously wanted to profit from it and sell it later for a bigger price.
so the prices went south and you lost. so swallow it like a man. stop trashing everybody else. plaza on brickell is doing great. it is just your problem that you got burned

Comment from ted
Time: September 9, 2008, 5:44 am

“Plaza on brickell is doing great.”

Ha! Delusional buyer. Have any sold lately for anywhere near what you paid? I think not.