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Real Estate Scams Target Renters

By Mike Wheatley | March 14, 2012
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.
Featured News, Mortgage, Real Estate, US Real Estate

Scammers out in Front of National Mortgage Settlement Deployment

By Broderick Perkins | March 9, 2012
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.
Real Estate, US Real Estate

How Foreclosure Scammers Trick Homeowners Out Of Their Cash

By Mike Wheatley | December 13, 2011
While the news that the foreclosure rate in the US finally seems to be slowing might be welcome, the number of scams designed to exploit vulnerable homeowners shows no such signs of abating just yet. Therefore, reports Fox Business, homeowners are being advised to be wary of any companies making foreclosure assistance offers that seem […]
Mortgage, Real Estate, US Real Estate

Mortgage Scammers Using Search Engines To Target Homeowners

By Mike Wheatley | November 23, 2011
The three most popular search engines – Google, Yahoo! and Bing – are being examined by federal investigators who are trying to track down scammers using the websites as platforms to advertise fraudulent schemes that target homeowners, according to a report by the Associated Press. Typical ads placed online by scammers include promises of assistance […]
Real Estate, Residential, US Real Estate

Poor Housing Markets Present Golden Opportunity for Scammers

By Mike Wheatley | November 15, 2011
It seems that no matter how good or bad housing markets are performing, real estate fraudsters will always find some way to con homeowners out of their money. But scammers are doing particularly well out of the current economic downturn, taking advantage of hundreds of desperate homeowners, according to a report in MarketWatch. Schemes involve […]
Real Estate, Residential, US Real Estate

Las Vegas Scammers Renting Out Vacant Homes To Unsuspecting Tenants

By Mike Wheatley | October 12, 2011
Real estate agents and law enforcement officials in Las Vegas have issued a warning about a new scam targeting renters in the area, which has also been reported in other areas of the U.S. The scam involves fraudsters posting ads for housing on websites such as Craigslist, offering a vacant property for rent. Interested persons call the number, go […]
Mortgage, Real Estate, US Real Estate

Forensic Loan Audit Scammers Target Struggling Homeowners

By Mike Wheatley | September 27, 2011
Struggling homeowners are being tricked by scammers into undertaking a forensic loan audit, in the hope that they can secure loan modifications to save their homes from being foreclosed on, reports AOL. A number of organizations which claim to be associated with well known auditors and attorneys have sprung up in the last couple of […]
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