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Real Estate Scam

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Scam Alert: Real Estate Fraudsters Targeting Vacant Properties On Long Island Scam Alert: Real Estate Fraudsters Targeting Vacant Properties On Long Island
Scam Alert: Real Estate Fraudsters Targeting Vacant Properties On Long Island Police are warning of an uptick in real estate scammers who are targeting vacant properties on Long Island. Southampton Town Police put real estate agencies on notice that they’ve seen an increase in criminals posing as property owners who seek representation in negotiating the sale of lien-free, vacant land. The scammers can successfully defraud a potential buyer by accepting funds that are transferred to an out-of-town account. Police warned real estate agents to watch for the following warning signs from potential clients who claim to be out of state: Listing the property below market…

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by Michael Mashburn