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How To Avoid Real Estate Scams Florida

If you are in the market to buy or sell a house, refinance your mortgage, or if you are considering investing in real estate, it is important to be aware of real estate scams. In the following article, you'll learn more about real estate scams.

Local Companies

Regent Properties
(727) 507-9808
15371 Roosevelt Blvd #107
Clearwater, FL

The Promenade
305-374-5455
333 S. Miami Ave., Ste. 150
Miami, FL

Empire Title Services, Inc.
(305) 931-4400
20801 Biscayne Blvd.,
Aventura, FL

AESM Enterprises
1-866-577-5709
1161 6th ave s.w.
Largo, FL

Don Crigger Real Estate
352-746-4056
P O Box 240
Lecanto, FL

Coldwell Banker Commecial Ed Schlitt Realtors
772-778-1801
1950 US Highway 1
Vero Beach, FL

Soundview Property Management Inc.
772-234-3005
2061 Indian River Blvd.
Vero Beach, FL

The Promenade
305-374-5455
333 S. Miami Ave., Ste. 150
Miami, FL

Capalbo Rental & Management Corp.
(727) 866-2494
4700 34th Street S
Clearwater, FL

Re/Max Prestige Realty
561-755-3722
301 Clematis Street
West Palm Beach, FL

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If you are in the market to buy or sell a house, refinance your mortgage, or if you are considering investing in the real estate world, beware-there are scams out there that the smartest of people fall for. Here some of the classic real estate scams and tips on how to avoid them.

Who is the ideal Con Artist? The most savvy of con artists are those who have already attained some level of trust in your life. People you deal with daily, even family members, prove the most successful of con artists. When we "go along with others" our brains' defense mechanisms soften, and our skepticism is reduced. Con artists use this neurological trick to get you. It is ok to place trust your friends, family, and co-workers, but be skeptical about any business pitches they may give you. Always seek the advice of two or more financial advisors or confidants before proceeding.
Overseas Investment and Return. Con artists who utilize this real estate scam play on a victim's deepest desire-getting something for little-an easy investment. These schemes are usually Ponzi Schemes, meaning con artists collect money from many victims, and disperse smaller amounts out to these same people from the same pool of money and claim it is "profit". In this model, investors are told to send investment checks, and they are giving small checks in return, supposedly "proving" the system works. In realty they are receiving a small chunk of change from another "investor" who has also fallen for this plot. People tend to fall for the overseas angle because it is exotic-sounding and they think they are, in some way, taking advantage of a new discovery or resource others are not aware of.
- Defense: Ask yourself the simple question, "Is this too good to be true?" Examine the business model thoroughly to determine whether the model could actually work. If you have never invested in real estate before, it is a good idea to start local, not abroad. ...

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Author: Grace Bloodwell

Featured Local Company

Regent Properties

(727) 507-9808
15371 Roosevelt Blvd #107
Clearwater, FL

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Business Services	Fashion	Industrial Goods & Services	Retail & Consumer Services
Career	Financial Services	Insurance	Software
Cars	Food & Beverage	Internet	Technology
Computer Hardware	Franchise	Legal	Telecommunications
Construction	Health	Miscellaneous	Trade Shows
Education	Holidays	Nightlife	Travel
Entertainment	Home Appliances	Online Database	Weddings
Environmental	Home Electronics	Pets	World History