Scams to Avoid in Real Estate: 5

Another scam involves home equity flipping. Here, a lender will instead encourage you to refinance your loans again and again, claiming that the rates will be better every time you refinance. However, interest and other fees will prove to be the nails in your coffin, and they will occur with every new loan. [...]

Scams to Avoid in Real Estate: 4

Title fraud is another prevalent scam. It involves identity theft, to a degree, in that the schemer behind the scam will steal the identity of a home owner, which allows him or her to get the title for the home. They may draw a mortgage against the property, or worse. This is [...]

Scams to Avoid in Real Estate: 3

There are plenty of localized investment scams as well. In this case, people who sound professional, who sound like they know exactly what they are talking about, may try to get you to invest in a familiar piece of property — for a great deal, of course. It may be tempting, but it [...]

Scams to Avoid in Real Estate: 2

There is a very popular real estate scam going on right now, known as Overseas Investment and Return. The idea here is that the scam artist behind it wants to give you something for very little. They fool you into thinking you are getting a great deal, in other words, which is why [...]

Scams to Avoid in Real Estate: 1

When you are in the real estate market, you have to watch out for scams. It does not matter if you are buying a house, selling a house, renting a house, refinancing your mortgage, or even if you plant to invest in real estate. There are many scams out there you have to [...]