LOCAL PEOPLE.  LOCALLY COMMITTED.
05/25/2018
Needless to say, real estate transactions deal with large sums of money. This, unfortunately, means that you need to be extra wary of scam artists that may want to take advantage of you. To help you out in this department, below you'll find a few tips that you can follow to ward off real estate fraud and protect your investment.

How to Avoid Real Estate Frauds

  1. First, have a reliable home buying team to guide you through the process and advise you on what actions to take to seal your real estate deal in a safe manner.
  2. It's common for scammers to try to get you online. Be sure to meet the sellers face-to-face and have them give you a tour of the property to prevent fraud.
  3. Don't pay for a property that isn't worth the price! You should also have the house appraised and inspected to make sure that you're paying the right amount for it.
  4. Wiring money can be dangerous because it can't be traced. If the seller asks you to wire a large sum of money, you should beware.
  5. You should also be on high alert and notice any sketchy behavior surrounding your real estate deal. If the sellers asks you to sign a blank piece of paper, for example, be very careful.
  6. Another tactic scammers use is pressuring you into purchasing the property. They do this so they can push you into making rushed decisions that won't benefit you in the end.
  7. Lastly, if you want to stay clear of fraud, you should get insured. For example, acquiring title insurance in Plainview can help you protect your investment in case there are any encumbrances in the deed.

Call (806) 293-8363 for Title Insurance in Plainview

If you're closing a real estate deal, be sure to contact Countywide Title Company in Plainview so they can guide you and provide the title services your case requires for it to be sealed successfully. Call the number above for more information on how they can assist you.

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