March 11, 2016

Top 5 Real Estate Scams

Top 5 Real Estate Scam

Real estate scams are a serious problem in today’s real estate marketbut thanks to homeowners and renters in desperation to stop con artist on their tracks, says 'Local Records Office'. It can be difficult to know if the deal is too good at times or if it comes with some sort of catch(es). Working with a prominent real estate agent can be a great way to avoid most real estate scams but there are other things you could do to shield yourself. We are going to start by identifying the most common real estate scams you may face while seeking to buy a houserent a house, or even buy income property. We will also be talking about on ways on how to protect yourself from being scammed.

'Local Records Office' - New Homeowners Fake Services to be Aware of

Keep this in mind, “if it’s too good to be true, it probably is”. While in the real estate business you do come across great opportunities we all know that old saying for a reason. Do your homeowner. Working with a well-known real estate agent is probably the best way to avoid scam but you need to do your homework first. Second, make sure the realtor you are working with is licensed. Check as many online reviews as possible. Ask questions. Third, avoid wiring money or using cash, cash is untraceable and that’s not good, use credit cards and checks. Credit cards and checks could easily be traceable if something goes wrong. Even, if they offer you an invoice and receipt. Insisting on using a credit card or check is usually enough to scare off criminals.