How to avoid a real estate scam? Do not make these 7 mistakes

Every day there is news of real estate fraud in India, in fact, first-time buyers are the main target of scammers. Many migrants do not speak the language, they do not know their rights, much less how to claim them, which is why they have become the easy target of real estate scammers.

If you want to buy, rent, or simply share the house with a friend, keep in mind the most common mistakes you should avoid falling into the trap.

Do not pay money to anyone online. On the internet, false advertisements of “ghost” companies abound. The protagonist of the digital theft will try to obtain an advance, even when the procedures are not finished. Always invest in reputed builder’s¬†project like Godrej Sector 106 Gurgaon

Do not get carried away by emotion. The house is one of the main needs of a family that decides to settle in Miami and is just around a house where incredible scams are woven. Do not make a hasty decision or get hooked on the first offer you propose.

Choose bad contractors. Make sure that the agents are authentic and reliable, although it may represent an extra cost, help from the consultation of a lawyer specializing in real estate, a property status evaluator or a real estate credit agent.

Do not give your personal information to anyone. The request for personal data is one of the most common strategies for committing this type of fraud, someone contacts you for an advertisement that you have published and they ask you for your personal and banking information with the sole purpose of stealing the money from the bank account. A reputed real estate broker like Key 4 You will never ask your extra personal information that is not required during the process.

Attentive to real estate title fraud is the classic identity theft in which the fraudster pretends to be the owner, use false documents and creates a new mortgage leaving the real owner responsible for the payments.

Do not pay in advance. The theft from abroad is an advertisement from a foreign owner who asks for an advance payment and tries to perform the operation remotely.

Do not act under pressure from anyone. That way you have less chance of being taken advantage of.

Due to new technologies, scammers increasingly perfect their criminal techniques with which to dupe the unwary. Reduce the chances of being a victim of a scammer by considering these recommendations.


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