One of the largest industries in existence is the buying and selling of real estate, and annual losses in real estate scams worldwide add up to billions of dollars lost. If buying or selling a house, commercial property, or land, you need to be careful to avoid falling victim to one.
Real estate investment seminar scams, promising a formula for getting rich in real estate if only one invests, are common during both boom and bust cycles in the real estate market.
Also, be sure to watch for real estate email scams in your inbox.
Other common real estate scams include fraudulent listings, such as pictures and descriptions that aren’t of the property that is being advertised for sale.
Be careful in real estate dealings. Keep an eye on this page to learn about real estate scams as they emerge, and know how to spot them coming. See below:
Building Trade Scams: How They Work Cowboy builders are everywhere in the trade but they can be tricky to spot. Unlike the cowboys of your favourite Western, a cowboy builder seldom wears a Stetson and spurs. And while they very rarely ride a horse to work, they're perfectly happy ripping you off from the […]
There are many home warranty scams that are perpetrating these days. Read here to see how the fraud done by suspicious companies works.
One of the latest real estate scams is the Stop Junk Mail trick. If you wonder how to stop receiving unwanted mail, here it is.
7 Tips on How To Discover Miami’s Perfect Real Estate Agent On the hunt for the right properties to invest in? Don’t try taking on the Miami real estate industry alone. Make your venture into real estate investing worth the effort by hiring the best realtor in Miami. Read on for seven tips to help […]
We've been educating our readers about home buying scams, real estate investment scams and home improvement fraud over the past year, but time has come to bring out some help and information when it comes to the biggest purchase we make during our lifetime (for most of us, anyway): the house. Selling your house can seem […]
Guide on How to Sell Your House Without the Help of a Real Estate Agent Read More
Realtor.com Leads Scam: How It Works Beware of a new rip-off going around these days, which is being added to the plethora of other real estate scams that have been hitting the industry lately. This new con targets agents who invest in buying online leads from platforms like Realtor.com and Zillow, which are great in […]
Delusions of grandeur, impressing others and free stuff are some of the reasons for the latest "phenomena" Real estate agents selling in the luxury market find it inevitable that they will have to ward off a fake buyer. There are impostors that fabricate richly woven tale of success and affluence hiding behind the internet […]
Fake Luxury Real Estate Buyers: A Nuisance To Watch Out For Read More
Residential Real Estate Tips/Home Buying Scams That You Should Know The real estate industry is a sector that’s extremely profitable if done right. If you think about it, a house is the most expensive item that a person buys over his/her lifetime. Big money, big opportunities. However, on the same token, criminals prey on the […]
How the scam works: (with video below) You are a great householder and take care of your property every day. As you constantly make some improvements, don't fall for the Home Renovations Scam, even if you are not even going through a complete makeover. The small jobs are where a quick buck is made by […]
How the scam works: There is a new scam targeting real estate professionals in the United States, Canada and Australia. If you are an agent or broker, you may be receiving these days an email or text message claiming to be from the National Association of Realtors (USA), Canadian Real Estate Association or Real Estate […]
Section 8 Housing Choice Voucher Program Fraud: How It Works (with video below) You are looking online for affordable housing. After a long research, it seems your efforts have paid off. As you are browsing the web, you come across a link that offers you a spot on the Housing Choice Voucher Program through […]
How the scam works: (with video below) Watch out for the Mortgage Loan Modification scam, coming from 'specialists' supposedly working for HARP (Home Affordable Refinance Program) or HAMP (Home Affordable Modification Program). Let's take a look. With the recent recession, loan modifications have become a very popular way for people to make their mortgage payments […]
Mortgage Loan Modification Through HAMP or HARP Programs Read More
Property Tax Payment Scam: How It Works (with video below) Beware of the Property Tax Payment scam, aka Property Tax Help scam. Criminals call random numbers in your city and tell the homeowners they represent the local administration (County Treasurer’s Office, City Hall, etc).. Then they proceed to tell the resident that their property will be […]
How the scam works: The Land Registry is a government agency in the United Kingdom, whose purpose is to register all property ownership in the country. Recently an email has been circulating to British homeowners allegedly from the Land Registry. This email contains a warning to property owners, indicating that they owe an outstanding […]
How the scam works: The day you receive the keys to your new home is one of the most exciting days of a person's life. The thrill of home ownership comes with a hefty price tag though. There are appraisal fees, listing fees, closing costs and other unforeseen expenses that go along with the home-buying […]
Post Office Change of Address: How The Scam Works (with video below) Be aware of a new scam that is happening these days, the Post Office Change of Address aka the Free Change of Address Scam. We'll see how the scam works, how to avoid it, and how to report it. Whether we go to school […]
How the scam works: Paying property tax – what is known in Great Britain as Council Tax – is never a fun thing to do. But it's made even more harrowing when scammers infiltrate the system and compromise taxpayers' identities and bank accounts. A fake corporation has been sending residents a questionnaire which asks for […]
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