What is the Real Value of Your Florida Home? – Breaking the Rules to Get a Deal Closed

| September 9, 2014

Last Update: 04/18/16   The Importance of Real Estate Appraisals It’s basic, if you want to buy a home in Florida with a mortgage, you need an appraisal of the property (you also need one if you want to refinance your mortgage). Appraisals are formal documents containing an expert analysis of the market value of […]

Florida House Bill 87 and “Foreclosure Reform” Passes Florida House’s Civil Justice Subcommittee: HB 87 is One Step Closer to Ending Judicial Foreclosures in Florida – This is Dangerous for Florida Home Owners and Florida Real Estate

| February 7, 2013

There’s a proposed law being pushed up in Tallahassee once again this year that aims to end Florida’s long-standing judicial foreclosure process, and this year it seems to be gaining strength, though it died a pretty quick death in its earlier version last year.  Perhaps you remember all the public outcry over this proposed legislation […]

FRAFing: Appraisal Fraud Because Banks Want to Keep Housing Values As Low As Possible in Mortgage Buy-Backs – Bank Wrongdoing Continues

| September 11, 2012

Just like the rest of the country, in Florida it is extremely important to be able to trust your real estate appraisal because appraisals, compiled by appraisers that are depended upon by many, many people to be responsible, thorough, knowledgable, and honest, give the bottom line on how much a piece of property (house, condo, […]

Short Sale Fraud in Florida: Florida Sellers and Buyers Both Victims of Short Sale Scams

| June 14, 2012

Short sales are very popular right now in Florida (and the rest of the country), and as we’ve explained in earlier posts, the rising popularity in shorts sales is due in large part to the changing attitude of lenders towards short sales as being a better deal for them than foreclosures. Add to this the […]

Another Growing Florida Home Crisis for Florida Home Owners: Unlicensed Contractors Leaving Shoddy, Problem Work That Doesn’t Meet Code

| June 7, 2012

When money gets tight, it’s smart to find ways to keep costs down, right?  Whether you are a bank or an Average Joe home owner in Florida these days, it’s smart to be frugal in keeping up your property as well as undertaking improvement projects. Problem is, times like these are open season for unscrupulous […]

Florida Illegal or Nonconforming Home Conversions Are Growing Problem: Florida Home and Condo Buyers Should Know Risks of Buying Home With Illegal Improvements

| March 1, 2012

Last Update: 02/24/16 The reality that Florida real estate is in a Wild West situation is known by most professionals in the real estate industry — but it just keeps getting more wild it seems.  Now, there is a growing problem with illegal home conversions – which potential buyers may know as “nonconforming conversions. ” […]

Lawsuit Alleges Massive Appraisal Fraud or Appraisal Negligence By Florida’s Largest Home Insurance Provider

| February 9, 2012

There’s big news coming out of Florida this week about phony real estate values (again): a big lawsuit has been filed claiming that Citizens Property Insurance Company has been inflating real estate values in the replacement value of homes so they can charge the Florida homeowner higher insurance premiums. The Florida Association for Insurance Reform […]

Real Estate Appraisal Errors Remain a Huge Problem: Consider This “Hole in the Wall” Story – What To Look For In Your Florida Home Appraisal

| January 19, 2012

Last Update: 02/24/16 Sometimes, the easiest way to understand something is to consider one example.  In the case of appraisal error, a recent news story about a phony and fraudulent New York home appraisal really helps to make things clear.  In many instances, appraisals are bad because of fraud – and because of negligence. Great […]

Appraisal Fraud Whistleblowers Urged to Come Forward by National Consumer Advocacy Group

| June 23, 2011

Appraisers providing bad appraisals due either to negligence or outright fraud are finally being recognized as one of the major contributors to the huge foreclosure fraud crisis in Florida and the rest of the country.  By providing artificially high appraisals, the real estate appraiser played an instrumental role in the Real Estate Bubble that has […]

Feds Awaken to Widespread Appraisal Fraud as FDIC Sues, Alleges Florida Appraiser LPS Appraisals Wrongfully Inflated Values

| June 9, 2011

Knowing that inflated appraisals is a part of the reason that Florida real estate is in such a huge, horrible mess isn’t news to many who are following events in the local real estate market.  However, now it appears that the federal government is taking notice. One example was last month’s filing in a California […]

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