Tag: #Investor

How to avoid fraud in real estate

Only in 2019, $221 million* were lost due to wire transfer fraud linked to real estate; this can be avoided with the following tips:

  • Work with a licensed Realtor; we have to pass a test, pass a background check and even leave our fingerprints so they can be checked by the FBI. We are licensed to protect consumer and we have to follow a strict code of ethics. If you have doubts regarding your Realtor license, check it in the following link
  • Work with a licensed Mortgage Loan Officer; the loan or mortgage needs to be handled also with discretion and professionalism by the MLO as they will have access to sensitive information. You can check your MLO license in the following link
  • Do the paperwork through a Title Company, they will get a title insurance for you once the paperwork is in order, the property needs to be free and clear so they can do the transfer of the title or deed
  • Never send money to the title company without confirming the wire transfer instructions in person or over the phone. If you want to know if the title you are working with is legit, check  this link

Looking to buy or sell your house, give me a call, will be happy to help you.

Clarisa Moody – Realtor 

813 446 2003

If you like this blog entry, make sure to subscribe to my Newsletter and you will receive interesting information about Real Estate, finances and home management.

* https://www.alta.org/news/news.cfm?20200218-WTF-221M-Lost-to-Wire-Transfer-Fraud-in-2019

www.ClarisaMoodyRealtor.com

Real Estate investing in Central Florida

If you have been thinking about buying a second property or add another investment to your real estate portfolio, here are 5 reasons why Central Florida is the perfect place to invest:

  1. Houses prices are still accessible compared to other States and financing for second, third house or investment property is affordable
  2.  It is becoming more populated and this mean more demand for rentals
  3. Tax friendly State and one of the best States for business, boosting a growing economy
  4. Good weather year around, the beautiful beaches, theme park & attractions and many outdoor activities make it a good vacation destination, which translates in short term rental demand (Airbnb, vrbo)
  5. Good quality of life which brings many senior citizens from northers States and snow-birds boosting the demand for seasonal rentals

Are you ready to buy your investment property in Central Florida? Give me a call, I will be happy to assist you, 813 446 2003

Clarisa Moody

If you like this blog entry, make sure to subscribe to my Newsletter and you will receive interesting information about Real Estate, finances and home management.

www.ClarisaMoodyRealtor.com