How To Avoid Real Estate Scams (Part 2)
May 15th, 2008 Posted in Information
Here are some more tips to avoid real estate scams.
Make sure that the professionals you’re dealing with have the right qualifications. If you’re talking to a buyer, make sure that he or she is honest about his or her credit history and employment. Scam artists usually invent elaborate credentials or backgrounds in order to impress you.
Don’t be afraid to ask a lot of questions. If you are getting an offer that’s too good to be true and your questions don’t receive satisfactory answers, walk away from it. Any transaction should benefit you as well as the other party. Find out what the other is getting if the deal seems to tip in your favor.
Watch out for your credit scores. In a lot of cases, real estate fraud leads to identity theft. Scam artists might end up using your personal information to open accounts.
One Response to “How To Avoid Real Estate Scams (Part 2)”
By Crystal L. Cox on Jul 26, 2008
It is impossible for your Realtor to have the “right qualifications”. Realtors are NOT trained in what real estate consumers need them to know. The real estate industry is hurting real estate consumers and offering absolutely NO consumer protection in return. http://www.ConfessionsOfaRealtor.com