fraud: Fraud in Real Estate - Due Diligence
- 03/07/24 12:47 PM
Fraud in Real Estate - Due Diligence There was an article in a recent issue of NAR Realtor Magazine about the rise in fraud in the real estate industry. And, I just took my Ethics continuing education where we talked about the care we owe to our clients. Both inspired me. Our buyers and sellers have no idea what is going on in our industry and we owe them the duty of care to inform them of the pitfalls not just the bonuses in a transaction. When our industry faces numbers like 1 in 4 transactions facing a fraud threat, we need to … (2 comments)
fraud: NAR Health Insurance or Fraudster
- 02/18/21 09:22 PM
NAR Health Insurance or Fraudster Have you answered a call and a caller says they are calling to discuss NAR Health Insurance? The NAR says these calls do not originate from them. The NAR is not going to call you directly to enroll you in a health insurance plan and they are never going to give your personal information to anyone. If agents are interested in insurance products they can find them through the Realtor benefits program. We all need to be more vigilant to protect our identities. Never provide your information to anyone unless you are absolutely sure they are who they say … (7 comments)
fraud: Fraud and Your Real Estate Transaction
- 07/01/19 06:24 PM
Fraud and Your Real Estate Transaction If you have been in the business as long as I have, you will have seen so many changes - some good and some ludicrous and some necessary but still ludicrous. I have seen commercial deals paid for with precious gems. I have seen foreign buyers purchase investment properties with cash from their country. I had a buyer, one time, try to settle with suitcase full of cash at the settlement table. The title company made him put the money in the bank and come back a few days later with a cashier's check. At one time you financed the … (4 comments)
fraud: Vistaprint Exploited For Real Estate Wire Fraud Scams
- 11/03/17 07:59 PM
Fraud and scams are a real threat to all our financial security. They are rampant in all arenas not just real estate and finances. Just today I got an email from google voice with a verification code, only I don't have a google voice account associated with this particular gmail account. Internet dating sites are also a target rich environment for scammers looking for unsuspecting victims. Reverse look up phone numbers, right click on pictures and do a google search, search email addresses and don't always trust that the person emailing you for help finding a home is legitimate, real estate … (2 comments)
fraud: Protect Your Accounts - Scams and Fraud is Everywhere
- 11/22/16 01:03 PM
Protect Your Accounts - Scams and Fraud is Everywhere I read an article this morning on Google about scams and fraud on the rise especially over the holidays. It was very informative. Afterwards I logged into my bank account and there was an unauthorized credit card payment of $750 that had been taken from my bank account. Do you know, it took me almost 2 hours on the phone and being transferred 10 times before someone told me I had to go into the branch and fill out a form. If it sounds too good to be true, it probably is a scam … (4 comments)
Related Links:
June Piper-Brandon
Creating Generational Wealth Through Homeownership
Fraud in Real Estate - Due Diligence
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