Leaving one house and moving to another can be stressful. There are many aspects that can go wrong. But one of the problems you definitely don’t want to face is paying for places that don’t really exist.
Unfortunately, this is an ever-growing scam that can keep people away from money and have no place to stay. Worst of all, you’ll find something wrong when it’s too late. Make money by renting an entire home, kitchen, or backyard by tapping or clicking here.
Read on to see how this home scam works and how to find signs.
This is the inside story
It’s easy to get hooked on the fantasy dreams of living near a huge vestibule and a lake where children run around. So, when a perfect home appears on a rental website, you may think that you are one step closer to realizing those dreams.
It may be what you are looking for, but scammers also look for simple targets. According to the Better Business BureauFraudsters often use real estate photos and then use future renters from security deposits.
Fraud works by creating a sense of urgency. When you call about a property, a fake landlord can never show it to you.
Instead, they make the excuse that they are away from town for vacation or work. A few days later, they call back, saying that others are also interested in the house, and you’ll have to decide right away.
The landlord requires a security deposit and possibly the first month’s rent to “book” the property. As you can imagine, when the landlord received the payment, they blocked all communications and the house wasn’t rented at all.
What you can do about it
The BBB warns that there are several variations of scams. In one such case, the “landlord” asked stakeholders to fill out an application. The form asked the usual questions, but the lessor had to enter the social security number. It should be a danger signal soon.
In another version, the fraudulent landlord asks a potential lessor to pay $ 50 to get an online application link, and then charges an additional $ 100 per adult to book the property. Did.
Tips for avoiding rental scams:
- Watch out for deals that are too good and not true. Scammers seduce you by promising low rent, additional equipment, and a great location. If the price seems to be much better than elsewhere, it could be a scam.
- Search for similar properties online.. Quickly find a list, fraudster’s email address, or phone number. If the same ad is running in another city, it’s a big red flag.
- Please see the accommodation directly. Don’t send money to someone you’ve never met in an apartment you’ve never seen. If you can’t go to your apartment or home on your own, ask someone you trust to go and make sure it’s advertised.
- Don’t pay strangers with the cash transfer app. Today, many scammers are asking for payments through peer-to-peer apps rather than wired funds or prepaid debit / gift cards. Use these apps only with acquaintances. It’s okay to pay a trusted landlord with Venmo, Zelle, or another P2P app, but don’t use this payment method to secure an apartment or pay a deposit.