Housing Fraud in Florida

In: Housing Maps US Economy

27 Jul 2009

The Herald-Tribune is running a five-day investigative series on the rampant housing fraud in Florida. “Since 2000, more than 50,000 Florida properties flipped under circumstances that fraud investigators identify as suspicious — where homes, vacant land or commercial properties were bought and resold in 90 days or less and increased in value by at least 30 percent.”  Wow!

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