Real Estate Scams Cheat Sheet

REALESTA SCAMS CHEAT SHEET Real Estate is a fun industry but behind it are scammers lurking in the shadows ready to attack innocent real estate buyers and also sellers. Here's a quick guide to save you from Real Estate scammers. |SPOT THE SIGNS YOU'VE GOT A NEW MAIL! TOO GOOD TO BE TRUE! UNEXPECTED OFFERS FREE RENT 2 MONTHS Watch out for these simple signs. UNKNOWN • Free stuff or quick, easy money. İNCOMPLETE DETAILS Asking for personal or bank account information. • Unexpected calls from a company or person you have never heard of. • You're asked to pay anything up-front. • The only contact details are mobile phone number and PO box address. CALLING. WEBSITEX COMPANY ID LANDLINE EMAIL COMMON SCAMS Rental Scams FORGED DOCUMENTS Executed using a vacant property due to owners staying abroad or that is really up for sale. Real Estate Agent Posers Legitimate-looking listings uploded online copied from somewhere else. Once security deposit or initial payment are paid, they'll leave you high and dry. Forged Land Titles Cohorts convince you to buy affordable properties. Scammers would use old titles and copy the information to create a fake title. CNT CAND FOR SALE SRENT Insufficient Disclosure Real estate agents intentionally withhold information about the property that make potential clients think twice before buying. QRESEARCH & DINVESTIGATE AREMEMBER, AREPORT! ERAUD ALERT Research is a very important part of the home buying process. HOTLINES TO REMEMBER! Don't just rely easily on the real estate agent you've hired. Know who you're dealing with and conduct a thorough background check. Find out how credible they are and if the property they are selling is really legitimate. For dishonest licensed real estate agent professionals, (632) 735-1248 Inquire into properties through reputable online real estate platform. Legal Department of Professional Regulatory Commission Most established companies would be more reliable since they have a reputation and brand to take care of. For fake agents, con artists, or shady developers VLICENSED VLEGIT LISTINGS V CONTACT DETAILS (632) 525-4093 or 524-6395 National Bureau of Investigation's Anti-Fraud and Action Division If you know someone who's part of any irregular practices or you've encountered real estate scams, report them to authorities immediately. You may use these numbers of the right Philippine governmentagencies to contact. RealEstate.PH The Online Center For All Philippine Real Estate