BBB Gives Tips to Avoid Real Estate Scams - Newschannel 6 Now | Wichita Falls, TX

BBB Gives Tips to Avoid Real Estate Scams

 The Better Business Bureau wants to help you avoid being taken in by a Real Estate Scam.  The scammers can hijack a rental or real estate listing and make up listings that either aren't for rent or don't exist in order to lure victims in with the promise of low rent or a great sale price.  Here are some signs you may encounter when dealing with a scam.

They want you to wire money.  There is no reason to wire money for a security deposit, an application fee, or first month's rent. Once the money is sent, there is no way to get it back.  

They want a security deposit or first month's rent.  If they ask for this before you've met or signed a lease, it isn't a good idea when you haven't seen the property or the property owner.

They say they're out of the country.  Though they claim to have a plan to give you the key, this will likely involve an “agent” working on their behalf.  Scammers sometimes even create fake keys.

If you can't meet in person, see the property, or sign a lease before you pay, keep looking.  Always check with the property owner and BBB before turning over any of your hard-earned money.
  • News HeadlinesNewsMore>>

  • Police: Suspected gunman spoke online about demon possession

    Police: Suspected gunman spoke online about demon possession

    Saturday, May 26 2018 4:03 AM EDT2018-05-26 08:03:40 GMT
    Saturday, May 26 2018 11:57 AM EDT2018-05-26 15:57:40 GMT
    (Sarah Phipps/The Oklahoman via AP). Police officers stand at the scene of a shooting on the east side of Lake Hefner in Oklahoma City, Thursday, May 24, 2018. A man armed with a pistol walked into Louie’s On The Lake restaurant at the dinner hour and ...(Sarah Phipps/The Oklahoman via AP). Police officers stand at the scene of a shooting on the east side of Lake Hefner in Oklahoma City, Thursday, May 24, 2018. A man armed with a pistol walked into Louie’s On The Lake restaurant at the dinner hour and ...
    Authorities say a Facebook page in which a man claims his television is possessed by the devil belongs to the man suspected of shooting three people at an Oklahoma City restaurant before being killed by two armed...
    Authorities say a Facebook page in which a man claims his television is possessed by the devil belongs to the man suspected of shooting three people at an Oklahoma City restaurant before being killed by two armed bystanders.
  • Giuliani says White House wants briefing on classified info

    Giuliani says White House wants briefing on classified info

    Saturday, May 26 2018 1:13 AM EDT2018-05-26 05:13:07 GMT
    Saturday, May 26 2018 11:55 AM EDT2018-05-26 15:55:18 GMT
    (AP Photo/Andrew Harnik, File). FILE - In this May 5, 2018, file photo, Rudy Giuliani, an attorney for President Donald Trump, speaks in Washington.(AP Photo/Andrew Harnik, File). FILE - In this May 5, 2018, file photo, Rudy Giuliani, an attorney for President Donald Trump, speaks in Washington.
    President Donald Trump's legal team wants a briefing on the classified materials shared with lawmakers.
    President Donald Trump's legal team wants a briefing on the classified materials shared with lawmakers.
  • Ebola vaccinations begin in rural Congo on Monday: Ministry

    Ebola vaccinations begin in rural Congo on Monday: Ministry

    Saturday, May 26 2018 6:03 AM EDT2018-05-26 10:03:13 GMT
    Saturday, May 26 2018 11:54 AM EDT2018-05-26 15:54:46 GMT
    A vaccination campaign continues in Mbandaka, the city of 1.2 million where four Ebola cases have been confirmed. (Source: (Louise Annaud/Medecins Sans Frontieres via AP)A vaccination campaign continues in Mbandaka, the city of 1.2 million where four Ebola cases have been confirmed. (Source: (Louise Annaud/Medecins Sans Frontieres via AP)

    Congo says confirmed Ebola cases rise to 35, with 10 deaths, as vaccinations continue.

    Congo says confirmed Ebola cases rise to 35, with 10 deaths, as vaccinations continue.

Powered by Frankly