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Local Mother Loses Life Savings in Real Estate Scam

The $63,000 down payment to close was sent from her bank in a wire transfer. Patricia told NBC 6 she worked years to save the deposit.   “A lot of sacrifice,” Patricia said. “A lot of times without the girls because I get out of one job and go to another one. I work on the weekends. Also, I don’t go on vacation with the girls.” Patricia shared with NBC 6 documents showing she closed on the home with the title company earlier this month. But she said, as she was unpacking, she got a...
Patricia Verlino Davie Police Department South Florida Independence Title Brokers Title டேவி போலீஸ் துறை

Austin home prices soaring, experts say there's no housing bubble

The white-hot housing market in the Austin area continues to blaze, with the median sale prices for homes hitting all-time highs in March — and real estate experts say that even as demand soars, the region is showing no warning signs that its experiencing a housing bubble that is at risk of bursting. For the five-county metro area — which runs from Georgetown to San Marcos — the median price for homes sold in March was a record $425,000, up 28.8% from March 2020, according to the Au...
United States Susan Horton Jim Gaines Patton Drewett Eric Bramlett Lori Hawkins Austin

Scammer Tried to Sell Miami Property He Didn't Own

“I want to pass it down,” Thomas said. “Legacy. Legacy is the key to things.” One of his properties is a vacant lot on Northwest 12th Avenue in Miami. What Thomas did not know -- someone was trying to sell that property last month.  “They were trying to contract the property, sell it, get the wire transfer account,” said Kevin Tacher, the CEO of Independence Title in Fort Lauderdale. “Take the money and disappear before the actual owner of the property would even know.” Tacher...
United States Miami Police Department Fort Lauderdale Alfred Thomas Miami Police Consumer Financial Protection Bureau

Another record year could be in store for the Central Texas housing market.

Despite the coronavirus pandemic, Central Texas home sales remain on track for another record year, and local real estate experts say they expect 2021 will also be a strong year for housing in the Austin region. Home sales and median home-sale prices across the five-county region that spans Georgetown to San Marcos initially were hammered in the early months of the pandemic. But they rebounded after shutdowns lifted, and have roared back to set monthly records for much of the year. Last mont...
New York United States Shonda Novak Austin Mark Sprague Brad Pauly Wendi Slaton Anderson

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