Thanks to new technologies, scammers increasingly
perfect their techniques to deceive people. However, there are ways to avoid
them and reduce probabilities of being the victim of a scam. Here are some
recommendations to avoid being scammed.
VERIFY
THE OWNERSHIP OF THE PROPERTY
Every day, there is news of real estate fraud in
Miami. In fact, foreigners are the main target of scammers. Real estate title
fraud is a classic way to scam. It consists of scammers pretending to be the
owners of a property, using false documents and creating a new mortgage to make
the real owner responsible for payments. For this reason, make sure the
property ownership is right before signing. This information can be accessed in
the Land Registry.
DO NOT
PAY IN ADVANCE
If you want to buy or rent a property from a private
individual instead of an agency, you have to be careful and demand safe payment
methods. Avoid, as much as possible, transferring amounts to an account without
securing the ownership of the property.
CONSULT
WITH EXPERTS
The best option is to look for help from real estate
professionals such as lawyers specialized in real estate, property status
evaluators or real estate companies. However, you have to make sure that the
agents or the real state company hired are authentic and reliable. We know that
it will probably result in extra costs, but it’s better to be safe than sorry.
For these cases, our task at Doral Riches is to guide
you so that you can choose the method that works best for you.
