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Is wealthydigitalai.com legit or a scam? Read reviews, company details, technical analysis, and more to help you decide if this site is trustworthy or fraudulent.
May 1, 2024 · Avoid the real estate traps set by scammers. Scams are on the rise, and this includes real estate scams. According to the FBI’s Internet Crime Complaint Center (IC3), business email compromise ...
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Oct 9, 2019 · Con artists may pay people to post fake online reviews or appear in videos falsely claiming to have gotten rich from some investment opportunity. Even testimonials that appear to be independent and unbiased reviews – for example on a website purporting to “review” products and investment opportunities – may be part of the scam.
- “We Buy Houses” Scam
- Foreign Cash Buyer Scam
- Home Inspection Scam
- Escrow Wire Fraud
- Rental Scam
- Moving Scam
- Foreclosure Relief Scam
- Loan-Flipping Scam
- Home Mortgage Scam
- Title Or Deed Fraud
Have you ever seen a flier tacked to a telephone pole declaring, “We buy houses” or “We buy ugly houses”? Or, if you’re a homeowner, received a postcard from a company offering to buy your house for cash in just days? These offers are technically legitimate. However, they’re generally not a good way to get what your home is worth. Here’s how these ...
Some so-called cash buyers don’t actually want to buy your home at all. Instead, they’re working a variant on the old overpayment scam often seen with credit cards and utility bills. It also shows up as a work-from home scaminvolving check cashing. In this scam, a prospective buyer reaches out to you, usually by email. Often, they claim to be a for...
Getting a home inspection is a crucial part of buying a home — especially if it’s a fixer-upper. A professional home inspector goes over every part of the property to detect problems that aren’t always visible to the naked eye. They can also test for hazards like lead paint, radon, or mold. But you have to be sure the inspector you hire is the real...
When you take out a home mortgage, you often have to make an upfront payment known as earnest money to prove your intentions are serious. This outlay typically works out to between 1% and 3% of the sale price. It goes into an escrow account until your closing, when it’s applied to your closing costs. For scammers, this is an opportunity to get at y...
In many cities, finding an apartment in your price range can be a real challenge. Crooks take advantage of this by tempting buyers with fake rental listings on Craigslistor social media. They show photos of a great apartment at a price that looks too good to be true — because it is. Rental scams can take several forms. Some copy a genuine rental li...
When you’re moving to a new home, especially if you’re relocating to a new state, hiring a moving company saves you a lot of effort. But you have to watch out for shady moving companies that don’t live up to their promises. It’s not unusual for moving companies to charge more than their initial estimate. Often, this is because they honestly misjudg...
This particularly nasty scam preys on desperate people at risk of losing their homes. The con artists offer to help them avoid foreclosure by refinancing or modifying their home loans. All they need in return is an upfront fee. At best, these companies merely connect homeowners with mortgage relief programs they could have used on their own. But ma...
In many cases, refinancing your mortgageis a smart move. It can lower your interest rate or your monthly payments or shorten your loan term. This saves you money in the long run. A loan flipping scam is a different matter. This scam convinces homeowners to refinance their home loans repeatedly, borrowing more each time and paying high fees and poin...
There are several different predatory lendingpractices aimed at homebuyers seeking a mortgage. These include excessive interest and fees, prepayment penalties, or balloon payments. Sometimes, these practices are technically legal, but they’re never ethical. Common tactics include: 1. Ignoring Your Ability to Pay. Lenders are supposed to evaluate yo...
When you buy a house or other property, you receive both the keys and the deed. This document grants you the title — legal right to ownership — of the property. Title or deed fraud is a form of identity theftin which someone else forges a deed to your property in their own name. With a falsified title, the thief can borrow against the equity in you...
Is southernusahomebuyers.com legit or a scam? Read reviews, company details, technical analysis, and more to help you decide if this site is trustworthy or fraudulent.
If a reviewer has a very common or generic name, such as John Smith or Jane Doe, you’ve spotted a red flag. Fake reviewers usually post under fake names, sometimes even just a series of letters...
Jun 28, 2022 · In recent years, the FBI reports a 42% increase in the number of real estate crimes as scammers specifically target home sellers and buyers. In this article, we’ll walk you through the most common home buying scams, their warning signs, and how to make sure the money from your home sale stays in your pocket.
