My New Blog

Mortgage Fraud or not the market will hum along.  As we all can see the fraud depicted in the Herald was a small group of people in comparison to how large the real estate market is in South Florida.  Of course all fraud is bad and should not be tolerated at all due to the negative impact on the neighborhoods as well as on the homeowner's tax base and quality of services directly related to the immediate area where a vast amount of bogus transactions have taken place.  Tougher entry standards and higher fees for the new brokers coming into the business should put a barrier to the overall spread of negativity in the field. Also, all personnel acting as a loan officer should have the same strict guidelines as a mortgage broker in order to avoid the clueless from entering the business and if there is a license (tougher class and more mandatory class time) at stake as well as a high entry (licensing fee) a person involved in a transaction will reconsider their actions when weighed against the aforementioned.

What do you think???

Let me know....

Are we finally going to have some kind of reform we can actually consider a "Tax Reform"?

Looks like what we are going to get is what they want us to get, a new program that allows us to save a couple of pennies now so the assessed values can rise with the market and then take major Dollars out of us.  It will open a pandora's box which will create a mayhem in the whole state.  Lets see; if I decide to go for the new way of paying property taxes I will lose the 3% cap per year on assessments, but I will save $3459.00 per year after the second phase kicks in of this whole reform deal.  Now if my home is worth double the assessed value reported as per the market or a ny of those sites like zillow.com then will the tax appraiser then tell me that I can save the above mentioned amount now and then reassess my home at double what it is capped at now so I would then pay almost $4000.00 more per year on taxes after I tell them it is ok to proceed with their new plan to take money from me.

I believe that  the whole idea is to help us really save money in taxes and not give us (or allow us to keep of our hard earned money)a dollar today so tomorrow they can take three more from us on top of what they are currently taking from us.  Give me a break!!! 

Marco Rubio's original plan was best, but it's a pipe dream.  So let's not fix what cannot be fixed before we get rid of excess and inefficient government waste and corruption and departments that staple the paper that the department before types up.  In other word streamline government and make them all accountable as in a private enterprise.  No more free rides on our dime!!!

Also stiffer sentences for those caught in government corruption.   Make them accountable and give them more time behind bars and you will see how their hand will stay away and out of the cookie jar. 

I know this is a difficult subject, but it is one affecting many peoplle in Florida today and especially in South Florida.  What can we the people come up with?  Maybe we can come up with a solution because after all it is us who are paying for these "suits" to tell us what to do with our future and our money.

Good Night,

Jorge