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Lionheart Group Video: How to Avoid A Rental Property Scam
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Lionheart Group Provides Insights On How to Avoid a Rental Property Scam
If you are interested in acquiring rental property out of your county, state, or country it is important to learn how to avoid a rental property scam.
Individuals that wish to engage in this type of scam typically post an advertisement on the internet or in a newspaper that details the type of structure and property they wish to rent to an interested party. In most all cases, the rental is advertised at an unnaturally low price. This ensures the advertisement draws interest. Once a potential renter contacts the individual, they will request an upfront security deposit and will promise to send the key and legal documentation. Unfortunately, at that point, contact is lost along with the money that has been sent.
In this how-to article, you will learn the basic steps in avoiding rental property scams.
Step One:
When working to avoid rental property scams, it is important to pay special attention to structures that are being rented outside of the United States. If you are interested in renting property outside of the country, you should work directly with a certified real estate agent that can work to ensure that your investment is protected. Always verify that the agent works for an established agency.
Step Two:
Pay special attention to advertisements that are listed for rental property. You will want to avoid those that have spelling and grammar mistakes, or seem as if they have been written by someone overseas that is not fluent in English.
Step Three:
It is important to inquire about setting up an appointment to view the structure and property prior to committing to a rental agreement. If you are not able to do this yourself, have someone you trust make a personal visit to inspect the property and take pictures of both the inside and outside.
Step Four:
You should pay special attention to the instructions regarding payment. Many scammers may request that you forward them a cashier’s check or that you take the time to FEDEX the payment. It is also important to pay special attention to their level of persistence. Legitimate sellers won’t use pressure tactics to try to hurry your decision. Remember the old saying that “If it sounds too good to be true, it probably is.”
Step Five:
If you have already sent money to secure rental property, and are unable to contact the individual or company that you sent money to, or have not yet received the keys and documentation that you were told that you would receive, it is quite likely that you have been subjected to a rental property scam. At this point, you should contact the Federal Trade Commission by calling 877-FTC-HELP or by visiting their website an filing a complaint form.
Resource:
To learn more about Lionheart Group and how to avoid rental property scams, then visit the Lionheart Group blog at www.LionheartGroup.net.
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Lionheart Group: Money Order Scams And Practical Steps On How to Avoid Them
These days there are a vast number of ways by which a person can be cheated through money order scams. The Lionheart Group reveals in this video 2 of the major ways many are being victimized by these sort of scams.
One of the most prevalent money order scams starts in the form of an email or a phone call. In this type of scam, the future recipient is asked to collect a money order on someone’s behalf because the money order is cashable only in the recipient’s country. The initiator of such scam will ask you to wire the funds to him after cashing the money order. Once recipient sends the money of the inherent value of the money order to the sender, the hook is set. The bank will catch the phony money order, reject the funds, put a hold on the bank account and the money order recipient is then out the money.
Another such mail order scam can occur when selling person to person via an online auction site. In this scam, the buyer sends a money order that is more than the purchase price of the goods sold. The additional money is to be remitted back to the owner of the money order. As usual, after remittance, the product seller discovers that the money order is not legitimate. In this scenario, the seller loses both the value of the products sold plus any extra transfer of funds made.
How to avoid falling prey to online money order scams?
1. Before you are willing to send any funds to a person following an online transaction, ensure that the check you deposit clears the bank and is legitimate, which can take 10 days or longer.
2. Take the money order to a bank for cashing prior to sending products out to ensure the money order is for real. Your local bank is the first line of defense for catching these sorts of scam.
3. Don’t send any money to anonymous organizations even if they are sending you emails that you have won money in a lottery scheme.
4. If you receive a money order request or what appears to be a scheme from out of the country, then just simply ignore the email and delete it. Don’t entertain the request.
To get the latest information on the most common scams and how to prevent them, visit the Lionheart Group blog or checkout the other videos on YouTube.
The Lionheart Group is a professional organization dedicated to the advancement of truth in media and other online communications. In today’s age of information, Americans are increasingly bombarded with digital messages on a daily basis. Many of these communications are designed to take advantage of people financially, politically, emotionally and technologically. Some are just designed to waste people’s time and create general mischief. At The Lionheart Group, we say enough is enough. With our expository blogs, articles and informational series, we shine the light of truth on lies, distortions, scams, cons and deceptions for the benefit of truth seekers across America. Our well-researched responses to today’s most prevalent mis-information campaigns offer hard hitting facts you won’t find in most online media outlets. If you’re tired of the endless onslaught of manipulative half-truths and outright lies that have become so pervasive in today’s digital media, you will benefit from The Lionheart Group’s message.
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