How to spot fraudulent realtors?

The reality of today’s world is that more and more people are forced into rental situations. And with so many people renting out, there will always be people that want to take advantage of that situation. In a more shady manner, that is. Before you hire your Bronx movers and move into your new home, make sure to spot fraudulent realtors. There are usually a few red flags that you can easily spot. We will present to you the three of them that are most common. So, without further ado, here are:

Spot fraudulent realtors – 3 easy ways to identify frauds

Obviously, there are more ways to figure out if your future landlords are trying to cheat you out of your hard-earned money, but these three are by far most common. You need to be especially careful of:

  • First red flag – The landlords are out of the country
  • Spot fraudulent realtors – Foreclosure home
  • Pre-determine drops in price
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Learn how to spot frauds!

First red flag – The landlords are out of the country

If you can’t sign the contract with the actual owners of the place, be very wary. This is a common red flag and it is really abusable by shady people. The way that they suck people into this scheme is actually quite simple. They offer a really good price for the place and try to scare you into signing. The way they do that is by saying that there are many more interested parties and that you will lose your place if you hesitate. But this is exactly what you need to do. Do not be scared to be safe. That is exactly what they want you to do.

Never sign anything without meeting the owners. If they are not in the country, you can research them online.

Spot fraudulent realtors – Foreclosure home

The way that these particular frauds work is that someone breaks into a foreclosure home and try to sell or rent it out to you. You get a tour of the place and some documents to sign afterward. The only thing that the person selling or renting you the place wants is for you to give them a small deposit. You get the key, sign a document and all is done. Simple and effective scam. The way to combat this is to always double-check if the property is currently for rent or sale. Once again, before you arrange for your packing services NYC, make sure that everything is on the up and up. Otherwise, you might be in a real bind.

As always, do not be swayed by a really good price, most of the time it is too good to be true.

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Frauds will break in into foreclosure homes and try to sell or rent to you!

Pre-determine drops in price

And the last red flag is the drop in price that is supposed to reel you in. If, after everything else, you are still unsure if you want to rent out the place, the fraud will let you know that your price will drop after some time. Most often this will be in winter. If you think that something is off, act on it, do not be afraid to throw away that “perfect opportunity”. For that is what these frauds live on. Don’t give them that chance. You should also know how to avoid fraudulent movers! Protect yourself from any kind of scam!

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