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Dodge Common Real Estate Scams

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작성자 Gilbert Parrish 댓글 0건 조회 2회 작성일 25-09-13 18:49

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As you look for a new residence, the excitement of a great deal can sometimes blind you to the red flags that signal a scam. Property scams are becoming more common, and it can cost buyers thousands of dollars—or even lead to the loss of a property they never owned. Here are useful steps to safeguard yourself during the market hunt.


1. Verify the listing source

Prior to booking a showing, verify that the listing is available on reputable websites such as 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.

Compare the name and address on the deed against 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

Licensed agents or brokers must adhere to 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 refuses to provide their license number or seems unwilling to explain the transaction, consider walking away.


4. Do a title search

A title company or attorney should perform a title search to ensure the property is free of liens, judgments, or other claims that could jeopardize your ownership.

If the seller or agent attempts to bypass this step, refrain from continuing.

A clean title is essential for a secure purchase.


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

If a property is priced far below market value, it could be a trap.

Scammers often use low prices to lure buyers into a quick deal, then present fabricated documents or demand 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 could urge you to wire money 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 yourself

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 grasp the contract

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

Contracts that are vague, contain unusual clauses, 名古屋市東区 空き家 売却 or pressure you into signing quickly can be designed to protect the fraudster rather than the buyer.

If you don’t understand any term, don’t hesitate to ask for clarification.


9. Maintain records of all interactions

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.

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10. Trust 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.

Legitimate deals are transparent and adhere to standard procedures.

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


By remaining vigilant, checking every detail, and partnering with licensed professionals, you can significantly lower the risk of falling prey to real‑estate scams.

Remember: a careful, methodical approach is the best guard against fraud in any real‑estate transaction.

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