Warning signs of appraisal scam in real estate

Augusta

VIP Contributor
There's an appraisal scams pepertuated by dubious elements in real estate. it is about scammers overstating the value of a property or home to create untrue equity. You can easily fall for this kind of scam as a buyer or an investor if you don't know the red flags or warning signs

Scams come with its warning signs so you need to know them to avoid falling a victim. Warning signs of appraisal scam in real estate scam can include

The seller or scammer giving you the overstated characteristics of the home or property.

You would be presented with falsify appraisal documentsM

They will try to manipulate comparable properties.

 
Top