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Don't know... have never faced a fraud situation in 25 years. Don't even think about it. BTW, who are you?
I've been in the business for 38 years and have never run into a fraudulent situation.... nor will you in all probability.... don't worry about this...learn to market and make your phone ring.....you won't have time to think about fraud.
What the answers!
I have never been part of that kind of transaction, i would be looking more for this on sales owner to owner, to me if you don't use title co. ; I mean the buyer picks the title company of their choice to do this type of transaction from owner to owner you are just leaving yourself open to problems. if you are going to do a seller carry i also would use a title company that handles that type of transaction to protect both parties . but just my opinion
If it's too good to be true...it probably is.
If it sounds too good to be true, it's probably fraud.
It is best to follow the rules
REPORTED VIOLATION OF RULES!
Chapter 6, Fraud in Real Estate
honestly I think the biggest red flag for an agent to avoid real estate fraud is to find a real estate school that actually teaches the material - Sorry, but this question is sad.
Hello Christopher --- generally when it's too good to be true...
Anyone doing unethical thing - not telling the truth, hiding something etc.
Bounced deposit check.
If it sounds too good to be true, it probably is.
The biggest red flag is seeing a question asked anonymously. Part of the benefit of AR is interacting with those who ask and answer questions which you cant do when you hide your identity
Barbara Todaro is right..probably not going to experience it..I've had it onece but recognized the scam right away. As Barbara says "Learn to market and make your phone ring.....you won't have time to think about fraud!"
Unlawful behaviour, but the trick is you have to know the law and the rules!
Early move in.
Checks in the mail.
Send all correspondence to my Attorney in Thailand.
I will reimburse you for these costs.
Send $2,500 so we can set up your account portal. You will be reimbursed at closing.
I'm from the government and I'm here to help
The list is endless.
Bait and switch.
If its to good to be true and not in writing BIG RED FLAG.
lack of Transparency and poor communication may equal shenanigans
Soft seconds, and offers much higher then list price.