Real Estate Scammers Alive and Well

My wife and I own a beach house in Massachusetts that we rent on a weekly basisduring the weeks that we don’t want to use the home. 

We use two sites to promote the property. I got an inquiry from someone that wanted to rent our home for 4 weeks in January. During the winter months we get $2,900 per week.

The inquiry was from England and the normal process, I need to get a bunch of questions answered. One of the questions is a list of phone numbers, which this individual didn’t want to share, but let me know the cost didn’t matter. When someone tells me, the cost doesn’t matter, that is a problem.

I let him know that unless I get all of the information that I requested, that I was not willing to rent my home. That was the last I heard from the person that told me cost doesn’t matter.

Authorities Hoping to Shut Down Trending REO Scams

By: Lauren Roberts