Avoid Common Real Estate Scams
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1. Verify the listing source
Before scheduling a showing, ensure the listing appears on trusted platforms like Zillow, Realtor.com, or the local MLS.
If the listing shows up solely on a shady site or is promoted via an unfamiliar email, proceed with care.
A legitimate listing will usually have a clear seller or agent contact and will be listed on multiple platforms.
2. Verify the seller’s identity
Seek a copy of the seller’s government‑issued ID, a signed power of attorney (if a representative is involved), and any ownership documents.
Cross‑reference the name and address on the deed with public records.
If the seller says they’re a "quick‑sell" company without a real‑estate license, that signals a red flag.
3. Engage a licensed real‑estate professional
A licensed agent or broker must comply with state regulations and be registered with the real‑estate commission.
They can help you verify documents, negotiate terms, and guide you through the closing process.
If an agent won't give their license number or is reluctant to explain the transaction, it may be best to walk away.
4. Perform a title search
A title company or attorney must conduct a title search to confirm the property is free of liens, judgments, or other claims that could endanger your ownership.
If the seller or agent attempts to bypass this step, refrain from continuing.
A clear title is vital for a safe purchase.
5. Watch out for "too good to be true" prices
If a property is priced far below market value, it could be a trap.
Scammers often advertise low prices to draw buyers into a fast deal, then supply forged documents or insist on cash payments.
Compare the price to recent sales of similar homes nearby to see if it’s realistic.
6. Do not wire money without safeguards
Escrow accounts for real estate should be managed by a reputable title company or escrow agent.
Scammers may ask you to wire funds directly to a personal account.
Always verify the account details with the escrow officer and opt for a secure method such as an official bank transfer, not a personal wire.
7. Inspect the property in person
Don’t rely exclusively on photos or virtual tours.
Arrange an in‑person inspection to verify the home’s condition, look for hidden damage, and ensure the property matches the listing.
If the seller refuses to allow you to view the property, that is a major warning sign.
8. Read and understand the contract
A professional attorney should scrutinize the purchase agreement before you sign.
Contracts that are vague, have unusual clauses, or force rapid signing may favor the fraudster over the buyer.
Don’t hesitate to request clarification on any term you don’t grasp.
9. Maintain records of all interactions
Record all emails, texts, and phone calls with the seller, agent, and other parties.
Such records can be invaluable during a dispute or if law enforcement requires evidence of fraud.
10. Rely on your instincts
If something feels off—whether it’s an aggressive pitch, a demand for secrecy, or insistence on cash payments—take a step back.
Legitimate transactions are transparent and follow standard procedures.
It’s wiser to walk away than to become a scam victim.
By staying vigilant, 名古屋市東区 不動産売却 相談 verifying every piece of information, and working with licensed professionals, you can greatly reduce the risk of falling prey to real‑estate scams.
Remember: a careful, methodical approach is the best defense against fraud in any property transaction.
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