AgentNews Brief

Beware of real estate scammers

Foreclosure rescue, fake rentals among latest scams
Published on Oct 21, 2009

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by CareyBot

It's a jungle out there. You knew that already, of course. But there seems to be something about our troubled economic times that's bringing out the schemers, the scammers and the less-than-straightforward, many of whom have zeroed in on housing.

With the word "foreclosure" on so many lips, it's probably not surprising that con arts have found ways to prey on others' misery by promising to "fix" loans that have gone bad. But renters need to tread carefully these days, too, according to consumer advocates and law-enforcement representatives.

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