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May 1, 2024 · Avoid the real estate traps set by scammers. Scams are on the rise, and this includes real estate scams. According to the FBI’s Internet Crime Complaint Center (IC3), business email compromise ...
Feb 6, 2023 · It typically runs owners between $800 and $1200, and it’s a one-time fee. When a legitimate homeowner has been scammed out of their home, they do eventually get it back—even if a new buyer has ...
Sep 22, 2023 · Earlier this year, the Secret Service issued an advisory warning consumers of this sharp increase in seller impersonation fraud. The dramatic rise in cases has been noticed by real estate ...
- Diane Tomb
Sep 22, 2022 · Don’t feel pressured by what you hear from a listing agent and don’t change your plan based on the stress of the ‘in the moment’ offer process.”. 5. A lockout clause. Fraud involving a ...
- Closing Wire Fraud. This particular real estate fraud is actually the least common on our list, but it is without a doubt the most devastating and dangerous to our clients.
- Fake Rentals on Craigslist. Anyone who’s spent time on Craigslist or prospected for leads there knows that there are tons of opportunities, but also some shady characters lurking on the platform, including some real estate scammers.
- Fraudulent Foreclosure Relief. Our third scam is a particularly cruel one because it leverages a scary and often painful time in someone’s life: mortgage foreclosure.
- Short-term Rental Overpayment. This is a version of a widely used phone scam that criminals use to target the elderly in the United States. This scam recently made its way into the real estate industry, affecting owners of short-term rental properties and property managers.
Mar 29, 2024 · Chicago, IL 60654. View. $499,900. 2 Bed 2 Bath 1,450 Sqft. 300 N State St Unit 4432-4433. Chicago, IL 60654. View. At the time of the alleged thefts, Thomas was working for the nonprofit United ...
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Fraudsters appear to be targeting lucrative real estate markets in Canada, primarily Toronto, where the average home costs over $1.2m. A Canadian couple recently learned that their home was sold ...
