Real Estate Scams and Hoaxes and How to Avoid Them

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Real Estate Scams and Hoaxes and How to Avoid Them
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Real Estate Scams and Hoaxes and How to Avoid Them
In case you want to buy property, a home or a
piece of land in any part of the world, take heed
of the existence of real estate scams that might
shutter your dream of owning your most valuable
asset.
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Make Sure The Seller Is Genuine

• An honest seller will show up when required,
  answer all questions and will not delay if
  documentation is requested.
• If they don't behave that way, then that should
  be enough to raise your eyebrows.
• This is where having a real estate agent is
  helpful. An experienced agent has seen the scams
  and knows when the Seller feels fishy.
• Deal with a licensed real estate broker.

licensedrealestateagent
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Make Sure The Seller Is Genuine

• Ensure you're dealing with a licensed real estate
  agent. If your agent isn't licenced you could be
  dealing with a con artist.
• On your first meeting, make sure you are
  comfortable with the agent's identification.
• If you are not or they can't produce any, then
  you're not dealing with a professional enough
  agent walk away.

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Make Sure The Seller Is Genuine

• With the modern technology, the best real estate
  agent should be found in the internet.
• Try to read the real estate agent reviews and
  find out what the clients are saying about them.
• Use a service like HelpFindingMyAgent.com who
  screens their agents carefully for you.

realestateagentreviews
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Ensure All Records Are Complete And Kept Safe

• In case your developer fails to meet the terms of
  contract or you notice a suspicious delay
• you might need to consider filing a lawsuit. If
  that happens, your documents are your best bet.

howtoavoidrealestatescams
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Don't Pay Cash

• Paying via check is one of the best ways to Avoid
  a Real Estate Scam because they can be traced.
• A con artist will try to prevent you from paying
  using a check and will prefer payment in cash.
• This is not only applicable to when you are
  buying but also when you're renting a property.
• Even if you were ready to make payments and
  someone tells you that she has forgotten to carry
  along an official receipt, don't make any
  payment.

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Get The Right Information

• The sure way to avoid real estate scams is by
  finding all the details about the property by
  using a strong agent.
• Find articles and reviews about them see whether
  there are any scams that are associated with
  their company or this property.

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Contact HFMA Agents Today !