5 Real Estate Scams You NEED To Know About | The Close

[@carolinea.russell-manns7812]

What about a company talking you into selling your house, but you not sure, but the buyer rushes you into a contract, have you to sign electronically and you can barely see the contract, then he tells you after you sign, asks you to find people who wants to buy or rent your property, that he will pay you more money to find those people. After all this you decide that you no longer want to sell, but he will not let you out the contract, and he has not given you any upfront money. So, how can he legally bound me into the contract, when I no longer want to sell?

[@TheCloseDotCom]

Did this happen to you, Caroline? So sorry if it did!

[@devilled7817]

If a seller does not disclose defects in the home, they can be sued for fraud, as can the listing agent, if they knew about it or should have known about it.

[@TheCloseDotCom]

Very true. It can be difficult to prove that a seller knew or didn't know about defects in certain circumstances, which is one of the things that makes this particular scam so frustrating. But, given that agents also have liability here, it's important for Realtors to be vigilant.

[@gianthills]

@@TheCloseDotCom thats why youre supposed to get an inspector. But dont be fooled by the agent who will always offer their inspector. You need an independent inspector or you can be certain that the agent's inspector will fudge the report in order to ensure the sale goes through for the agent. Holmes Inspections is a tv show that is all about this. Every case study they look at is a homeowner who got scammed by an inspector that the agent recommended.

[@dnor9104]

What about home options Inc.

[@aperez8601]

Hello Sir, how can I find a lawyer who might take my case if I believe I was tricked into putting someone on title (tenants in common) without knowing the details ( gifting 50% which also includes rents which I am collecting) in California? Hopefully you can point me in the right direction. Thanks

[@lesliegrier1058]

How to tell if the listing agent is legit?

[@TheCloseDotCom]

Every listing agent needs to report to a broker. If you have concerns about whether a listing agent is legit or not, contact their brokerage to verify their details. Chris

[@thamarafl]

you can verify on state web site of professional and business regulations if license is active also the broker

[@hatcher2262]

Thank you sir!

[@tusingwirejulius200]

Thank you,God bless you

[@TheCloseDotCom]

Same to you!

[@carrieclark2222]

These were great! A few I hadn't heard before. Thanks!!! Good job!

[@TheCloseDotCom]

Glad you like them!

[@minngo5]

I cannot imagine the person going thru a foreclosure AND getting scammed.

[@TheCloseDotCom]

It's almost unfathomable!

[@dianatumu]

How scammers are so heartless, imagine you’re about to lose your home and probably everything and someone is scamming you….

[@TheCloseDotCom]

Agreed!

[@TaraKandece]

The last two just happened to me. I'm pissed!

[@TheCloseDotCom]

Oh no! Sorry to hear that :( :( Chris

[@GeniManningRealEstate]

Great video. Thank you.

[@TheCloseDotCom]

You are welcome! Chris

[@anthonyrose6686]

Awesome information

[@TheCloseDotCom]

Glad you found it helpful!

[@markg5986]

Great info. Thanks!

[@TheCloseDotCom]

You're very welcome!

[@maggiepizarro1484]

good info

[@TheCloseDotCom]

Thanks for watching!

[@maggiepizarro1484]

@@TheCloseDotCom looking forward to watching more of your great content!

[@pinkjoys1127]

Yea I got scammed by this dude in Tempe I must have had 50 to 70 people in my house and no one bought it it was so bad then the guy sold the house I was trying to buy I can't explain 😢

[@TheCloseDotCom]

I'm so sorry to hear that.

[@joelraynes9781]

Great information. Thanks for sharing!

[@TheCloseDotCom]

You bet! That's what we're here for.

[@TheCloseDotCom]

Get more actionable real estate advice at theclose.com

[@luzmgonzalez]

Transfer tittle fraud

[@Brianstobbe]

I like the way this man tries to keep his value above all and never uses cuss or bad words to help the audience through his recovery! Hats off to you #LEGITCRYPTOSCAMRECOVERY on the internet for helping people with such a healthy and positive content