Spacious 1 bedroom 1 bath apartment efficiency available for rent in Miami Lakes, Fl. All utilities are included in the rent. The rent is only $600 dollars per month. The efficiency has a separate entrance. The property is located in a very quiet area. 

The front part of the house is currently rented. The master bedroom is available for rent. Separate entrance through the side. It includes water and electricity. All tiles, big room, large walk in closet, full bathroom, covered terrace overlooking the lake. 

Excellent location. Close to expressways, shopping centers, schools, gas stations and churches. The property is not for sale and is not in foreclosure or short sale. One year lease is required with option to renew. 

Call Hector Lesende for details at (305) 300-7788.

Hector Lesende is owner-licensed real estate broker in Miami, Fl. Serving Miami, Miami Lakes real estate Coral Gables,  Hialeah,  Miami-Dade and Broward Counties. We provide a South Florida Foreclosure List. We are HUD registered brokers. We offer Miami South Florida Eviction Services.

 Freddie Mac suspends evictions until April 01, 2009. They also announced a new foreclosure rental policy allowing former owners to lease the house month to month. This incentive is only for owner occupants and not for investors. By suspending evictions the home owner would have enough time to be informed about the different programs.

The rental program should be only a temporary short term rental agreement. The new rental program is a fair idea but it will be good to know how the former owners would be able to afford the rental payments after they defaulted on the mortgage loan. The problem is that if the property is upside down the mortgage payments would be double than the rental fair market. Who would pay for the difference? Who determines the rent price? If the homeowner just went through a foreclosure how can they now be able to pay the rent on the same house?

By allowing the owner to rent the property it would eliminate the current foreclosure vacancy epidemic and the property would be protected and not vandalized. The vacant property is subject to vandalism, arson, and drug house abuse. The new tenant would have to agree to show the property with proper notification in order to sell it.  The tenant should have a limit of time to rent the property and then would have to leave.  Most tenants do not allow the property to be shown in order to sell. The former homeowners/tenants would do everything in their power for the property not to sell in order to stay in the house at a discounted rent price.

The government is not in the business of being a landlord or sell real estate. This is not a good long term solution. It will help short term the homeowner until the property sells. Eventually the tenant must move and the house must be sold. Selling the property should be the main objective not renting it at a discount price indefinitely. The Freedie Mac rental program must be evaluated on a monthly basis in order to determine its efficiency. 

Hector Lesende is owner/licensed real estate broker in Miami real estate  Serving Miami, Miami Lakes real estate, Coral Gables real estate, Hialeah Real Estate Miami-Dade and Broward counties. We offer a South Florida foreclosure list  Property Search