The founder and former chief executive officer of a Florida real estate company has pleaded guilty in Miami federal court to a Ponzi scheme that cost investors -- many of them retirees -- a total of $1.3 billion.
Florida has the fourth-highest gross domestic product (GDP) of any state in the country, with thriving tourism, aerospace, health care and international banking industries. Therefore, people who have money to invest in real estate can make a considerable profit if they do it correctly.
This month, a Miami real estate broker and two-time Florida Senate candidate in the 38th District was sentenced to federal prison for defrauding investors and other illegal activities. Anis Blemur is facing a seven-year prison term and another five years of supervised release.
A parent or other family member has passed away. They left their home to you or, if they didn't have a will, the court has determined that you get the home. You don't need or want it, so you're going to sell it.
Many people think of South Florida as a retirement destination for Americans from points north who want to spend their golden years enjoying the sun, sand and golf courses that abound in this area. However, millennials are moving to South Florida -- and particularly the Treasure Coast -- in record numbers.
You've just lost a loved one. Perhaps your spouse has passed away. Maybe your elderly parent has died. Amid everything else you have to deal with, you suddenly find yourself receiving calls or letters from real estate agents offering to sell your home. Sometimes they'll make the pitch that they'll handle things "with sensitivity."
When you're attempting to sell your home, one of the things that could help or hurt you is the local school system. If someone wants to move into the home and has no children, it may not affect their opinion much. However, if they plan to have children or have them already, the school system and specific schools near you could affect the sale.
Florida's real estate industry is celebrated presently in early 2019, and confidence in the industry is very high. Some believe that the real estate market in Florida is returning to normal, but luxury sales are growing.
Real estate can be a great investment if you know what you're looking for and have the right property in mind. As people around the country reach retirement age, many decide to relocate to sunnier climes like Florida. However, those looking to move to Florida may find it to be more challenging than they anticipated to find the right piece of property.
During the homebuying process, one of the most complicated steps is closing the sale. You don't just offer money and expect to get a key right away. Instead, there are a series of things that have to happen for you to obtain the keys to your new home.