Author: Your Trusted Home Buyer

Over the last few years, South Florida cities like Miami have been a breeding ground for real estate fraud. In late 2019, research conducted by property data company Core Logic established that South Florida was the nation’s capital, in real estate fraud. Not only are your local everyday families getting scammed, but the exposition of huge Ponzi schemes has certainly revealed how frightening and dangerous the situation is. In October 2019, Robert H Shapiro the former CEO of a South Florida real estate company; the Woodbridge Group, was sentenced to 20 years imprisonment for wire and mail fraud by the Miami Federal court. Shapiro was the sole perpetrator of 1.3-billion-dollar real estate fraud, targeting the elderly and retirees.

Since we buy houses Miami, we are fully aware that selling inherited property is not the easiest thing to do. An abundance of pleasant memories can be difficult to let go of especially if you lived with the deceased. While Florida has no inheritance tax, there are other mandatory expenses that come along with new property ownership. Unfortunately, this additional financial obligation is not feasible for everyone to bear and you may have to bid farewell to the home.

We buy houses Miami in any situation. We know that selling a home, you inherited is difficult for several reasons. You juggle several things at once, dealing with emotions and sentiment towards a deceased loved one, a complicated probate process, and finally, an added financial responsibility.