Six of the Most Common Real Estate Fraud Schemes
Real estate fraud is often disguised as legitimate purchase, rental, or investment transactions. Below are the most common schemes reported by affected individuals.
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Victims are offered a property under attractive terms. After an advance payment or deposit is made, the transaction is delayed under various pretexts and contact with the seller is eventually lost.
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Forged documents are used to falsely confirm ownership or authority to sell the property.
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Listings are created for non-existent properties or properties not owned by the advertiser.
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The same property is sold or leased to multiple parties at the same time.
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Investors are promised returns from properties that do not generate the claimed income or do not exist.
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Funds are redirected to fake or scam-controlled escrow accounts.