I am in SE corner of Orlando, 10 min drive to the airport, butt, the real money maker, Disney World is across town in the SW corner, next to Kissimme. My area is deluged with these signs, yet...here's the kicker, there are more mobile homes parked on privately owned lots, than actual houses.
Next surprise, we are surroundd by condo blocks and quite a few rental complexes. In the era before Disney, Orlando was a hard scrabble orange grove set up, with migrant workers living in mobile home parks, which are still here to plague Orlando.
These mobile homes in most cases are over 40 years old, worn out, with defective electric wiring, faulty plumbing, a gazillion roaches and yet they still get rediculouslt high prices due to the 'Disney effect'.
Yet these crime ridden squalid mini slums are far from Disney world and a casual look at the foreclosure lists of the Orlando area, due to over-proliferation of sub prime every gimmick, HUD forces any potential buyer to pay what is owed to HUD, regardless of how beat up the dwelling is.
I read thru all of these postings and never once was HUD mentioned...WHY? They caused the subprime debacle, they caused these rediculous over inflated prices.
My take here is this...avoid any metro area with high crime stats...just go to the FBI website to zero in on any neighborhhod in the country. Proliferation of these 'we buy' signs screams ... this is a high crime 'hood...caveat emptor and all that bullsht.
IMHO, these sleazy 'we buy' predators are no different from obligate parasites attacking a dying cadaver. They are a cancer that needs drastic eradication if society expects to survive their predatory practices. I have yet to see any improvement in any area where these scum bags operate.
Here in Orlando.is an area called Pine Hills, known to the locals as 'crime hills'. The police go in this area in groups of 4 or more squad cars, just to be able to cover their own backs. There are 'we buy' signs on nearly every intersection...ask yourself ... how come?...better yet QUI BONO, which means.. .who benefits?
Drug dealers with spare cash buy these areas up, fill them with their clients, when they buy these distressed properties. The police do absolutely nil, nada, zilch...to squash this biz...ask your self ... why?...what's in it for them?
Last bit of critical info, is Spanish the dominant lingo in these areas with these signs? If you are not fluent in Spanish your life expectancy plummets.