U.K. Next to Invest in South Florida Real Estate?

by Isaac Benmergui, Esq on March 28, 2012

Real estate columnists in the United Kingdom are touting the benefits of owning property in the South Florida and New York markets. Citing statistics from the National Board of Realtors, unemployment numbers and the rebirth of U.S. car companies, market watchers are telling their followers to get into the U.S. real estate market now, in the most desirable and competitive housing markets, before it becomes cost-prohibitive to own.

Foreign Investors Beware of Unscrupulous Sellers

Foreign investors beware; however, of unscrupulous sellers and agents looking to capitalize on unknowing buyers. “If people want to buy quickly, they need to make sure that the property they are buying is free and clear of title defects,” warns real estate attorney Isaac Benmergui, “and that the seller has legal title to the property.”

Following the trend of the Canadians and Brazilians who have invested heavily in South Florida, U.K. residents are drawn to the sun, warmth and glitz of South Florida’s pristine beaches, upscale shopping and tantalizing nightlife.

If you are looking to purchase a condominium or home in the South Florida market, contact the law offices of Isaac Benmergui who can help you with your legal real estate needs; call 780-800-2510 or email Isaac@benmerguilaw.com for more information or to set up an appointment today.

 

 

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