Unfortunately, there is no shortage of
real estate scams in this challenging market.
By Dana Ward Unfortunately, there is no shortage of
real estate scams in this challenging market.
Not exact matches
THE state government's move to strengthen codes of conduct
in the property industry is credited with helping uncover three new
real estate scams.
In November, the FBI charged Brooklyn businessman Maksim Zaslavskiy with securities fraud and conspiracy to commit securities fraud for allegedly bilking investors out of $ 300,000 through an ICO
scam called REcoin which he claimed was «the first - ever cryptocurrency backed by
real estate.»
LOS ANGELES (AP)-- A California grandmother who lost her life savings
in a
real estate investment
scam offered by an insurance agent was awarded more than $ 15 million Wednesday
in a lawsuit against MetLife and two subsidiaries, attorneys said.
The feds say the
scam was cooked up
in late 2013 during a trip to the Dominican Republic paid for by a cooperating witness — identified by sources as
real estate investor and Mayor Bill de Blasio donor Jona Rechnitz.
State Attorney General Eric Schneiderman has secured a measure of justice for nearly 90 New York area immigrants victimized
in an international
real estate scam.
Paterson last year admitted that he backed the AEG bid as a favor to former Senate Democratic Majority Leader John Sampson — who has been indicted
in a separate
real -
estate scam.
The gangster movie, starring Gerard Butler, Thandie Newton, Gemma Arterton and Tom Wilkinson, is set
in London and deals with a Russian
real estate scam.
In Florida, over a third of the charters operate for - profit, skim millions in self interested real estate and management scams, and compete directly with competent public schools thus weakening both the charter and public sector
In Florida, over a third of the charters operate for - profit, skim millions
in self interested real estate and management scams, and compete directly with competent public schools thus weakening both the charter and public sector
in self interested
real estate and management
scams, and compete directly with competent public schools thus weakening both the charter and public sectors.
Mulholland Drive might be the only thing
in Los Angeles that didn't start as a
real -
estate scam.
Investments
in unregulated private
real estate offerings and «bulletin board listed» (over-the-counter) companies have often turned out to be
scams.
Costa Rica News — When purchasing
real estate in Costa Rica there are a lot of
scams that have been based
in the land of «Pura Vida» over the years.
Attention
real estate practitioners: Fake law firm website used
in new variation of bad cheque
scam
Money wiring
scams are not new to the
real estate industry, but their frequency, aggressiveness, and success have spiked
in recent years.
CHICAGO (November 4, 2017)-- Jon Goodman,
real estate attorney at Frascona, Joiner, Goodman and Greenstein, P.C., shared information with Realtors ® and other attendees today at the 2017 REALTORS ® Conference & Expo about the risks of
real estate fraud and how to avoid falling victim to
scams in the marketplace.
its the nigerian prince
scam just
in the
real estate space
There is so much
scamming going on
in the industry that no wonder people don't like
real estate agents.
Folks, you need to calibrate your BS Meters, get off the internet, I don't know of an industry that has more
scams running and predatory dealers than
real estate,
in a local survey a few years ago around here, the professionalism of used car dealers was rated higher than Realtors / Landlords.
The money sucking politics of this
scam are outrageous to anyone
in possession of a circumspect mind, sadly of which said mindset does not exist within the ranks of most part - timers or their bosses (and some
real estate school teachers) who rely upon the monthly incomes that endlessly emanate from the unprepared incompetent but good - at - memorized - script - spewing failures -
in - waiting.
At least, that's the idea behind a recent
scam targeting REALTORS ® and
real estate licensees
in Florida.
Don't get caught up
in some scammy scammer's
scams — learn the traits of the fraudulent
real estate guru here before you pay anything to anyone!
CAP rates are a crummy way to value residential
real estate and an equally crummy measure of financial performance for all of the reasons mentioned above and more... you may disagree, but since the only other person out there that regularly disagreed with you on this was kicked off this site for doing so, and just about every other turnkey operator seem to be
in the business of perpetuating it as a metric to try to artificially pump up the attractiveness of their offerings and
scam newbies, please forgive me if I try to offer some counterbalance and perspective to other new investors who would otherwise not have any other exposure to such radical ideas as using CAP rates the way they were designed to be used by the professionals who use them.
In the context of
real estate, financial elder abuse schemes can take many forms, including reverse mortgage
scams, property investment schemes, and foreclosure rescue schemes.
The latest Voice for
Real Estate news video from NAR looks at a scam hitting Florida real estate professionals in which cyber criminals have created a fake real estate group in an effort to collect f
Real Estate news video from NAR looks at a scam hitting Florida real estate professionals in which cyber criminals have created a fake real estate group in an effort to collect
Estate news video from NAR looks at a
scam hitting Florida
real estate professionals in which cyber criminals have created a fake real estate group in an effort to collect f
real estate professionals in which cyber criminals have created a fake real estate group in an effort to collect
estate professionals
in which cyber criminals have created a fake
real estate group in an effort to collect f
real estate group in an effort to collect
estate group
in an effort to collect fees.
In one of the
scams,
real estate professionals receive a fake NAR text that says they owe a fine because of an ethics violation.
Be alert to an email
scam in which a hacker breaks into the email account of
real estate practitioners or closing professionals and learns key transaction information like account numbers and then bilks the transaction of money.
NAR goes to the White House, tightening lending standards for commercial
real estate, women
in commercial
real estate,
scams and best markets.
That page also links you to NAR resources to help you protect yourself from these and other
scams that are becoming unfortunate everyday realities,
in real estate.
Even though rent to own arrangements can be great deals, there are definitely some
scam artists
in the
real estate business.
Even though owner financing arrangements can be great deals, there are definitely some
scam artists
in the
real estate business.
Stacy Hennessey, a
real estate agent
in Falls Church, Virginia, was targeted with this
scam, but she didn't fall for it.
As
real estate searches and transactions move more and more online, the chances of being caught up
in a cyber
scam have become even greater.
Real estate scams are becoming more and more popular
in Massachusetts, and are specifically -LSB-...]
You should hear some of the stories we've heard of people
in foreclosure being taken advantage of by
scam artists proclaiming to be reputable «
real estate investors».
There may not be any misspellings or grammatical errors
in the email message (which were surefire signs of a
scam in the past), the message itself may be friendly and conversational, and any information related to the
real estate transaction may be detailed and accurate.
In the typical scam, the criminal hacks into the e-mail account of a real estate agent or other person involved in the transaction and uses information that's been acquired to dupe a party to the transaction, usually the buyer, into a fraudulent wire transfe
In the typical
scam, the criminal hacks into the e-mail account of a
real estate agent or other person involved
in the transaction and uses information that's been acquired to dupe a party to the transaction, usually the buyer, into a fraudulent wire transfe
in the transaction and uses information that's been acquired to dupe a party to the transaction, usually the buyer, into a fraudulent wire transfer.
I know a lot of people watching this video are going to slam me for what I'm saying, but I honestly think this is the biggest
scam in real estate right now.
Other top stories
in the video look at tightening bank lending standards for commercial
real estate, the increase
in women
in commercial
real estate, the best markets for renters who want to become homeowners, and a
scam alert
real estate practitioners can include
in their email signature line to remind consumers to verify recipients before emailing valuable information
in a
real estate transaction.
Real estate offices and agents
in the United States are being warned of a phishing
scam that targets them.
Some
real estate investment
scams involve a fraudulent property «investment club» where individuals combine funds
in order to make large investments.
In recent months, real estate professionals have reported an upswing in a particularly insidious wire sca
In recent months,
real estate professionals have reported an upswing
in a particularly insidious wire sca
in a particularly insidious wire
scam.
While any business is susceptible to the BEC attack, the FBI has specifically explained that the BEC
scam «targets all participants
in real estate transactions.»
Eight California
real estate investors will plead guilty to a bid - rigging
scam in which they purchased foreclosed properties at auctions, federal officials say.
This is the Scariest
Scam in Real Estate Yet