Real Estate Scam: Homeowners Tricked Into Buying Fake Documents

Scammers are approaching new home owners and trying to trick them into paying $83 for unnecessary property records — including deeds that are available for a few bucks at county government offices or are already supplied at the end of a real estate transaction, the Milwaukee Sentinel Journal reports.

Three UK Property Fraud Stories

News from the UK tells of three former Cumbrian estate agents having admitted to defrauding clients of more than £250,000. Facing prison time for their actions, the husband and wide team of Gloucestershire admitted to the judge in the case charging clients for qualified surveyors when in fact the couple performed work themselves. The trio

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Real Estate Scams Target Renters

The number of real estate scams is continuing to grow on free classified sites, with the majority of victims falling foul of rental scams. One website in particular – Craigslist – has been singled out by housing experts for the number of scammers operating there.

Scammers out in Front of National Mortgage Settlement Deployment

Looking to re-victimize those already suffering abusive foreclosure practices and mortgages they can’t afford, scammers are moving faster than the bureaus deploying the National Mortgage Settlement.

The Worst Investment Decision A Homeowner Can Make

It’s more common that you might think. I’ve personally consulted with numerous people who’ve made what I term the worst investment decision that most people ever make – using your personal residence as collateral for a business loan.

Fraudsters Faking Texas Property Sales with False Deeds

A frightening new real estate scam is growing in popularity right now, and it’s one that is going to force both buyers and owners of vacant properties to have to keep on their toes.

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