Florida is no rip off!
Are there immoral individuals that take excessive commissions? Sure and your job is to do your home work and don't sign that closing statement until you understand where your money is going. This blanket statement is sad. The investor protection laws in the U.S.A. are some of the strongest in the world. So your commission is to high - You still own the investment!
Unlike the current REAL scams in N.Africa taking peoples money and promising %450 return after 4 years - after the king and his lynch pen have run away with your money and your investment looks like a moving box after a cyclone. Or the "pre-development" oportunities in Argentina that never develop. THOSE ARE SCAMS. A high commission is not illegal because you get what you signed up to purchase.
There are more happy investors in Florida (and the rest of N. America) than in most other countries in the world.
Due diligence and real estate legal advice will reveal the high commissions and then you don't have to invest if you don't want to. I've made a lot of money in the U.S.A. on real estate and I pay the commission I feel is appropriate.
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