To avoid real estate scams from real estate scam stories, always get everything in writing. Verbal agreements are hard to prove. Insist on a detailed contract that includes all the terms, such as the price, closing date, and any contingencies. And beware of deals that seem too good to be true. If a property is priced far below market value, there might be a hidden catch.
One key way to avoid real estate scams is to thoroughly research the seller or agent. Check their reputation, look for reviews online. Also, never wire money without proper verification of the recipient. For example, if you're dealing with a new real estate agent, ask for references from past clients.
In real estate, scams can be quite devious. From the stories we've heard, it's important to work with a reliable real estate attorney. They can review all the documents and ensure that the transaction is legal. Additionally, when viewing a property, look for signs of ownership disputes. For instance, if there are multiple people claiming to be the owner, it could be a red flag. Also, don't let high - pressure sales tactics force you into a quick decision. Take your time to make sure everything is above board.