How to avoid real estate purchase scams?

How to avoid real estate purchase scams?

The real estate market attracts scammers. To protect yourself, follow these tips:

Check the seller: Make sure the seller's rights to sell the property are legitimate. Check the property documents and check for encumbrances.

Take your time: Do not rush into a decision. Thoroughly review all documents and verify information about the seller and the property.

Work with professionals: Contact a reliable realtor and lawyer. They will help you check the documents and avoid fraudulent schemes.

Don't pay money without a contract: Don't hand over money to the seller before signing a formal sales contract.

Be alert to suspicious offers: If an offer seems too favorable, it could be a sign of fraud.

Vigilance and caution are the best defenses against scammers in the real estate market.

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