niche
Verified member
Compared to other deals, real estate fraud can cause more financial losses since the value of the property is higher. How can a property buyer avoid losing money in real estate fraud , what are the criteria for evaluating the seller and their broker before taking a decision. In one case, the seller is living in a posh house and is well off, yet she is changing her terms after a week. The seller is getting better offers, yet instead of cancelling the deal, she is changing her terms to make the deal more risky for the buyer. She may want the buyer to cancel the deal so that she can extort more money and not refund the token money paid. What is best way to find out whether a property seller is honest and will not change the terms later?
