
5 Real Estate Scams to Watch Out For
The real estate market is booming these days, and with that comes a higher risk for scammers looking to take advantage of unsuspecting buyers and sellers. Here are the five most common scams to watch out for in real estate. 1. The Bait and Switch This is when a scammer advertises a property for sale at an irresistible price only to switch the property for a less desirable one once you've expressed interest. For example, a scammer may advertise a property for rent at an unbeatable price and then claim that it has already been rented when potential tenants try to view it. In other cases, a scammer may advertise a property for sale and then pressure the buyers into paying an inflated price. If you're looking to…