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A small group of private investors has overpaid taxes on more than 100 Orange County real-estate purchases since January 2010, artificially inflating recorded sales prices to show the properties sold for $2.77 million more than the investors paid.
Central Daylight Time Broward County condominium sales increased 25 percent from 1,474 in March 2010 to 1,837 in March of this year, according to the Miami Association of Realtors, single-family home sales increased by eight percent in March, from 1,
Southeast Florida Multiple Listing Service sales of existing condominiums in the Miami metropolitan area shot up 85 percent in March, from 835 to 1,542, compared to March 2010 and 80 percent compared to February. That is a bit of sunshine to the
The Orange County Clerk of Courts office took a definitive step Tuesday in preventing investors buying up foreclosure properties from overpaying documentary stamp taxes on their new properties and artificially inflating the sale prices of the real
As far back as 1995, Florida's attorney general warned it was possible to artificially inflate property sale prices by paying too much in documentary-stamp taxes a practice happening now in some investor purchases of foreclosure properties in Orange
The Arizona Republic New-home sales in Maricopa County were down significantly from a year earlier during the first quarter, according to The Arizona Republic's latest quarterly housing snapshot, based on numbers from realty studies at Arizona State
The sales report will rap up a first quarter that so far has seen sales increase, but prices decline in Miami-Dade and Broward counties. Here are the sales numbers for February: In Miami-Dade County, 859 condos traded hands in February, up 58 percent
Home sales were down slightly in the Portland area for the first quarter of 2011, but not as much as home prices and new listings on the market...The median sale price was $215,000 for the first quarter, down 9.5 percent from $237,500 a year earlier.
Orange is the only Central Florida county handling foreclosure-auction paperwork in a way that can allow sale prices to be artificially inflated, resulting in higher profits for investors while misleading new buyers and lenders. Officials on Friday
Properties purchased through Orange County Clerk of Courts foreclosure sales at one price are appearing in the county Property Appraiser's Office records at a higher price, often tens of thousands of dollars more, according to an Orlando Sentinel