One of the most common scams is to print out a deed to a property you don't own. Then you use that to sell someone the property.
Portland, OR (PRWEB) May 21, 2013
PropertyRecord.com is urging people to make sure all real estate documents are real before they become the victim of a scam artist, company officials said.
“It used to be much more difficult to run a real estate document scam,” a company spokesman said. “But modern printers and software now make it very easy for scam artists to fake real estate paperwork and scam you.”
There are several ways that people can run a real estate document scam, the company said.
“One of the most common is to print out a deed to a property you don't own,” he said. “Then you use that to sell someone the property. Of course you've scammed them. When they try to move in the cops come and evict them because they've bought nothing but a very expensive piece of paper.”
Another scam is printing out paperwork making it look like the house has passed housing inspections and is up to code, he said.
“This scam is very costly,” he said. “When you move in, you then find out that the house isn't actually up to code and you now have to spend a fortune on repairs and renovations. It turns your home into a money pit.”
The best way to avoid these scams is to independently verify each and every real estate document, he said.
“All of these documents are public record so you can get a copy of them at town hall or use our service to make sure they are real,” he said. “If you do that, you won't become a real estate document scam victim.”
PropertyRecord.com provides property reports and other valuable information to home owners, buyers and sellers across North America. With an extensive database of public records, consumers are able to look up the value, history and residential details on a home or property with a simple search. Visit PropertyRecord.com to chat with a live representative, call 1-888-869-7539, or email Manager(at)PropertyRecord(dot)com with any questions or concerns.