Real estate housing scams have spiked in the last year due to the COVID-19 pandemic. Unfortunately, criminals are getting more creative on how to scam renters and homeowners. In 2020 alone more than 13,600 victims reported some sort of rental fraud and housing fraud, according to data from the Federal Bureau of Investigation’s Internet Crime Complaint Center. Once the scammers get your attention, they use a variety of tactics to get your money. The FTC says, once you know how their scams work, you will be more prepared to defend yourself from fraud.
Here are ten common real estate housing scams to keep on your radar, and tips to avoid becoming a scammer’s next victim.
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