There are many real estate scams that you should be aware of. There are the 5 Real Estate SCAMS that I think are the most prevalent in todays market.
As a real estate broker / agent for almost two decades, I have come across many real estate scams including wire fraud, fake property listings, predatory lending and more. When you are dealing with real estate which in many cases is one of the biggest assets you will be investing in, it is important to be aware of such scammers that are out there.
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Disclosure: Steve Daria is a real estate broker and investor. He is NOT an attorney, accountant or financial planner or any other type of licensed professional. Always seek out the appropriate professionals in your area for the advice needed regarding taxes, law, construction and finance. Florida Real Estate Broker Lic# BK3030453.
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