Any type of crime, including fraud, is now rampant nowadays. Real estate crime is probably one of the worse crime that could ever happen to anyone. Property fraud can happen to anyone. They can pretend to be you and sell your property or put it on a mortgage without you knowing it. No there’s no easy way or a system that can prevent fraud 100% of the time, but you can reduce the risk of property fraud by following this steps:
Fraudulent companies prey on individuals who are most vulnerable. They target owners who are financially distressed and are in need of assistance. According to some real estate brokers from Georgia, these scam artists would promise owners from foreclosure, help them apply for a reverse mortgage, or lower their mortgage payment in exchange for an advance payment. Be very mindful when someone promises you things that are too good to be true, because they usually are.<< Back to the list.
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Primary Residential Mortgage, Inc.
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