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Avoid Common Real Estate Scams

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작성자 Malinda Gaddy
댓글 0건 조회 3회 작성일 25-09-14 02:46

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While searching for a new house, the excitement of a great deal can sometimes blind you to the red flags that signal a scam. Fraud in real estate is on the rise, and it can cost buyers thousands of dollars—or even lead to the loss of a property they never owned. Below are practical steps you can take to protect yourself while navigating the market.


1. Confirm the source of the listing

Before you even schedule a showing, check that the listing is posted on reputable sites such as Zillow, Realtor.com, or the local MLS.

If the property appears only on a mysterious website or is advertised through an unknown email address, proceed with caution.

Legitimate listings generally include a clear seller or agent contact and are listed on multiple sites.


2. Check the seller’s identity

Ask for a copy of the seller’s government‑issued ID, a signed power of attorney (if they’re selling through a representative), and any documents proving ownership.

Cross‑reference the name and address on the deed with public records.

If the seller claims to be a "quick‑sell" company that is not a licensed real‑estate business, it raises a red flag.


3. Work with 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 verify documents, negotiate terms, and help guide you through the closing.

If an agent won't give their license number or is reluctant to explain the transaction, it may be best to walk away.


4. Conduct a title search

A title company or attorney should carry out a title search to verify the property is free of liens, judgments, or other claims that could threaten your ownership.

If the seller or agent tries to skip this step, do not proceed.

A clean title is essential for a secure purchase.


5. Be cautious of "too good to be true" prices

If a property is listed far below market value, it may be a trap.

Scammers often use low prices to lure buyers into a quick deal, then present fabricated documents or demand cash payments.

Check the listing price against recent sales of comparable homes in the area to determine 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 might request you wire funds straight 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

Avoid relying only on photos or virtual tours.

Book an in‑person inspection to confirm the home’s condition, check for hidden damage, and verify the property matches the listing.

If the seller won’t let you view the property, that signals a major warning.


8. Read and understand the contract

A qualified attorney should examine the purchase agreement before you sign.

Contracts that are vague, 再建築不可 買取 名古屋市東区 include unusual clauses, or push you to sign quickly may protect the fraudster instead of the buyer.

Don’t hesitate to ask for clarification on any term you don’t understand.


9. Keep records of every interaction

Record all emails, texts, and phone calls with the seller, agent, and other parties.

These records can be invaluable if a dispute arises or if law enforcement needs evidence of fraudulent activity.


10. Follow your instincts

If something feels off—whether it’s an aggressive sales pitch, a demand for secrecy, or a push for cash payments—step back.

Authentic transactions are transparent and follow established procedures.

It’s wiser to walk away than to become a scam victim.


By staying alert, confirming all information, and collaborating with licensed professionals, you can dramatically 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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