The real estate industry is fast-paced, involves major financial transactions and offers plenty of opportunities — this combination makes the real estate industry especially attractive to scammers.
Luckily, you can avoid real estate scams if you know what to look for.
First, always remember that if it's too good to be true, it usually is. Next, if you are working with an experienced agent, they can help you spot scams. They can see them from a mile away. Experienced agents have seen it all before and heard all of the horror stories -- everything you never want to have to experience for yourself.
The internet can make searching for a home more convenient, but it can also make it easier for scammers. Some fraudsters may pretend to be affiliated…