Miami Renter Foreclosure Scam – Don’t Let This Happen To You

February 26th, 2012 Categories: Real Estate Chatter

Yesterday I had the unpleasant experience of having to tell a Miami tenant that she had been scammed. It’s interesting that as I told the story to different people later in the day, some were surprised, but most were not. This is Miami after all. Capital of the scammers, is what most seem to think.

I still believe that there are lots of good people in the world. However, it’s hard to deny that there is lots of real estate fraud going on in Miami. The fraud that I am talking about is not necessarily being done by agents. This was done by someone who has no scruples, and can sleep at night, after taking a family’s last bit of money to put them into a home he knows they are going to be evicted from shortly after they move in. Here’s what happened:

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