How To Avoid Real Estate Scams Georgia

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

Sperry Van Ness
404-303-1232
8975 Roswell Road
Atlanta, GA
Metro Brokers/GMAC Real Estate
770-231-9387
1175 Buford Road
Cumming, GA
Ackerman & Co.
770-913-3940
10 Glenlake Parkway, South Tower
Atlanta, GA
Adams Commercial Realtors
404-688-1222
458 Cherokee Ave. S E
Atlanta, GA
AMLI Residential
404-471-1140
2500 Shallowford Road
Atlanta, GA
Atlanta Apartment Association
770-518-4248
8601 Dunwoody Place
Atlanta, GA
Braden Fellman Group, LTD
404-876-6432
931 Ponce de Leon Avenue, NE
Atlanta, GA
Clairmont Oaks, Inc.
404-634-3263
2982 Briarcliff Road NE
Atlanta, GA
Corporate Property Advisors, Inc.
770-953-4050
600 Galleria Parkway
Atlanta, GA
Cousins Properties Incorporated
770-955-2200
2500 Windy Ridge Pkwy.
Atlanta, GA

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.

  1. 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.

  2. 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. ...

Click here to read the rest of the article at HowToDoThings.com

Author: Grace Bloodwell

Featured Local Company

Sperry Van Ness

404-303-1232
8975 Roswell Road
Atlanta, GA
www.svn.com

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Related Local Event
2Nd Annual Real Estate Industry Day
Dates: 9/18/2009 - 9/18/2009
Location: Holiday Inn Decatur
Decatur, GA
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