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.
A state like Florida, with its tropical climate, is full of mobile home (MH) parks, Jacksonville being one of the hot spots for these properties. As of April 2020, It is estimated that Florida had manufactured the second-highest count of mobile homes at 38,792. In 2018, according to US census data, Florida was only second to Texas in the production of mobile homes, and an estimate places over 800,000 Floridians living in mobile homes. These numbers are staggering, with such a prominent mobile home community, it is essential to properly understand how mobile homes are valued.
We buy homes in Orlando Florida. In the United States, inheritance or probate fraud is most prevalent in Florida. In no way is this implying that Floridians have a comprised integrity, but primarily due to Florida being a paradise for the elderly and retirees. Probate or inheritance fraud can take many forms making it all the more deceptive.
We buy houses in Boca Raton. Often dubbed as the Beverly Hills of Florida Boca Raton is a beautiful south Florida city lush with breathtaking beaches, museums, and jazz clubs to say the least. Currently, its real estate market remains a strong buyers’ market and the dazzling upmarket area is projected to grow over the next financial year, making it a prime spot for potential investment.
We buy homes in Tampa Florida. To get the highest sales price on your beautiful beach city home, you may consider making home improvements that can bump up the market value. Selling on MLS is not always sunshine and flowers, and it can end up being a big-budget affair when you consider a real estate agent’s commission and all the closing costs.
Code violations are something most homeowners have heard of, but often misunderstand and or fail to realize the consequences of simply looking the other way. Heavy sanctions and fines from the HOA or city are not the only issues here, If you think “I want to sell my house Miami” but it has open code violations, you will not be going through a walk in the park, just simply a difficult and stressful proposition.
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.
Since we buy houses Miami, Boca Raton, Orlando, and all around Florida. We know that valuing real estate is often a complex process involving several requirements and procedures to be thoroughly conducted.
Even in a seller’s market, when you think “I want to sell my house Fort Lauderdale” you can be entering in an expensive affair if you go the traditional route. Many sellers do not realize the drain it can have on your bank account, given how long it can take to sell on the market.
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.