Beware Of Orange County Real Estate Scammers – How You Can Protect Yourself
One of the awesome things about the Internet is that it has helped more home buyers find a home over the last year than ever before. The Internet has been responsible for fueling the explosive growth in the Orange County real estate market thanks to the likes of Zillow, Trulia, & Craigslist
Although the internet is great, and we as Real Estate Agents in Orange County loves it, the internet has also become the “playground” for real estate scammers who have been placing “bogus” homes for sale or rent on classified ad websites like Craigslist. Many times these scams are happening without the knowledge of the realtor or real estate company that is listed in the classified advertisement. One way they work is using the description and photos from the agent, but change the contact information to theirs.
How To Protect Yourself From Orange County Real Estate Scams
Regardless if you’re planning on buying or renting a home in Orange County you should always deal locally with a licensed Realtor or Broker that you can first look up online, review their website, read customer feedback and then eventually meet with them face to face to discuss the home or property that you’re interested in either buying or renting.
Is It A Scam Or Not?
Some easy ways to spot a real estate scam online are:
- Overseas Phone Number– You should be wary of any person who has an overseas phone number, especially if they claim to be unable to meet with you in person. This is an easy “red flag” which points to the fact that the person who placed the ad originally is not located in Orange County and is most likely in another country. An easy way to figure this out is Googling the phone number to see if there have been any complaints. A quick search of the area code should be an easy indicator too.
- They Live In Nigeria – Beware any ad that was posted by someone who is living in Nigeria or claims to be in that country temporarily on “mission work” because, these ads are almost always posted by scammers.
- Wire Them The Money – Never wire money to anyone who is selling or renting a home in Orange County. If you do this, you can rest assured that you will never see your money again.
To learn more about Orange County real estate scams and how you can protect yourself, contact Fred Sed & Associates today by calling (949) 272-0125. We have an experienced team of Orange County real estate agents who can ensure that you enjoy a safe, real estate transaction.