The Real Deal Miami

Snowbirds turn vulture buyers

September 01, 2009 12:16PM

Canadian newspapers are still offering tips on Florida real estate bargains. Canadian buyers are advised to study up on the difficulties of buying foreclosed homes, and cautioned that short sales are often complicated transactions that differ markedly from Canadian real estate deals. Buyer Andrew Vitch advises bargain hunters to decide on the community, not the individual property, and be versed in the taxes and property value assessment.