Protect Yourself From Potential Rental Fraud

The significant advances in technology have madeinquirers via email only - never personally taking calls.
looking for a prospective new place to live almost tooIt's the emails that come from scam artists that contain
easy. Our society has come to expect to be able tothe bulk of the clues indicating that a listing may be
complete tasks in very quick fashion, and technologyfraudulent. Again, some of these red flags vary, but the
has enabled that. Nowadays you can go online, perusescams generally operate in similar fashion. Let's take a
rental property listings, look at images of prospectivelook at some of the things to watch in email.
properties, immediately apply online for those thatTake a look at the email address from email that you
interest you, and whammy, you're ready to go...allreceive from the person listing the ad. A large number
without having to leave your home! Unfortunately, thatof legitimate property owners will use email addresses
quick and easy access to information has alsowith extensions that include their company name. For
created a target for thieves to take advantage of. Ourexample, let's say John is a property manager for a
own urgency in wanting to wrap up what for manymythical apartment complex called Heathergreen
have become mundane tasks (hunting for a newCommons. He might have an email address of "". Email
home) doesn't help. You put these two elementsaddresses that are from one of the free email
together and there's bound to be trouble.services such as or gmail.com, or addresses that have
If you're relocating to another geographic area, and it'sextensions other than.com, could indicate possible
difficult to go personally look at prospective propertyfraud. Scammers almost exclusively use email
before moving, you absolutely need to pay closeaddresses from the free providers. A good number of
attention to the folks you're working with. Moving to aprivate rental owners themselves utilize free email
new place without personally inspecting it and/oraddresses, so this is not a strong indicator of a scam,
meeting your new landlord is not recommended.just one to watch for and measure with other "red
You're really setting yourself up for a potential fall.flag" indicators.
It's unfortunate, but rental property scams appear toEmails that contain poor English or grammar, and poor
be occurring with an ever-increasing rate. Commonlyspelling should immediately raise your suspicion. A large
known or referred to as the "Craigslist scams", rentalnumber of rental scams originate overseas, primarily in
scams are occurring all over the Internet, at multipleNigeria, and the perpetrators tend to have little formal
rental property websites. The scams are not justeducation, especially in English. If the supposed rental
limited to listings on Craigslist. The first of these scamsowner claims that he/she is overseas or out of the
appeared on Craigslist (hence the term "Craigslistcountry and requests everything to be handled via
scam") and have now spread to other classified ademail, you should be putting a guard up as this is a
and rental property sites, especially those that don'tstrong indicator of potential fraud. Generally, it's that
charge to post ads. There are currently numerousfirst email communication you get that the scammer
variations on how the scam works, but most havewill state they're overseas - either in the military, on
very common themes in them that help to identify thatvacation, or even in the midst of a move overseas.
a perpetrator is up to no good.Watch to see if the name of the person you're dealing
This is how the scam works. The scammer firstwith changes suddenly. Some of these guys operate
begins scouring the Internet for legitimate real estatewith a bunch of alias names and they commonly
listings. In many cases, he'll go through live listings offorget which of those aliases they're using. A sudden
homes that are listed for sale. These listings arename change in who you're communicating with is a
targeted, as in most cases the scammer is trying tored flag.
locate properties that are currently empty andIf additional communications ask that you send or wire
unoccupied. Additionally, homes that are located in nicerany monies and/or rental applications to another
neighborhoods will be focused on. Once a "target"country, it's about time to walk. Chances are pretty
property has been identified, the scammer will copysolid that you're dealing with someone out to take you.
photos and other information about the house. TheThis is one of the biggest red flags that someone may
more photos the listing has the better. The scammerbe up to no good. If at any time you're asked to send
will simply copy photos and property features, andmoney overseas, be very, very wary. The scammer
then use that content to create a bogus rentalwill generally ask you to wire money to an overseas
property ad for posting on online classified advertisingaccount in order to get the keys to the property. In
sites or rental listing sites. In minutes, content from amany instances, they'll mention that they need your
real home listing is used to create a bogus listing thatmoney for a security deposit in return for them
to most all users will look very real and legitimate. Insending you the keys. He'll tell you that you can simply
many cases, he'll additionally take the name ofreturn the keys if you don't like the property, and the
someone that's posted a legitimate ad. He simplysecurity deposit will be mailed back to you. Only
changes the email address and phone number contactproblem - once you wire the money, consider it gone
information, though it's not uncommon for the fraudsterfor good. Oh, and those keys? Obviously they won't
to not even provide a phone number.work... if you're ever mailed any.
Don't think that rental scams only affect renters. TheseThe scammer may make mention that the home is for
scams affect both renters and property managers.sale. Or, you may even run by the house yourself to
For example a real rental listing might be posted by thecheck it out and see a "For Sale" sign in the yard. Don't
property manager, and along comes someone elsebrush this off. This may be an indicator that the listing
posing as the owner - posting the same property butwas plucked from a realtor site or homes for sale site.
for a lower rate.Get online and Google the address to see what you
There are many recurring indicators that help identifycome up with. If you see multiple listings for the
whether or not a listing may be part of a scam. Mostproperty - both rental and for-sale listings, your guard
of those indicators appear in email communicationsshould be up.
from the scammer. However, some of the first flagsRecent scams seem to have become more brazen in
can appear in the listing itself. One of those indicators isnature. These scams are the ones that are being
the rental rate that's posted for the property.perpetrated by scammers here in the U.S. and go to
Scammers will generally post bogus ads that haveshow that not all scams are originating from overseas.
rent rates well below comparable properties located inIn fact, scams originating in the U.S. appear to be
the same geographic area as the scam post. In manyoccurring with greater frequency. The scammer will
instances, rent rates for the bogus listing will be asactually break into the target property and pose as the
much as half of what the going rent rate is for aowner. They'll even go so far as to sign a lease and
comparable property. Most legitimate rental listing adstake monies from unsuspecting victims while posing as
will contain a contact phone number. If no phonea legitimate landlord. It's not uncommon for this stunt to
number is listed, this may be a sign that the ad couldbe pulled using one property with numerous people
be fraudulent. Most of the scams will utilize email asfalling as victims trying to rent that same property.
the main mode of communication with you, so if noMany people are being taken by these scams. Can
phone number is provided with the listing, put youryou imagine having mailed off security deposit monies,
guard up and look to see if the ad has some of thepacking your belongings up and then jumping in your
additional potential "red flags".car to begin an exciting move into your new home.
Generally, if you see a rental that piques your interest,You get there, unload your goods and furnishings, and
the first thing you're inclined to do is pick up the phonesit down for a brief minute to relax. The doorbell rings
and call the property owner. Here comes another flag.and you go to answer it. Some guy appears and he's
Recent (2010) scams now involve the use of relaynot happy! It's the real owner of the property asking
services as primary contact phone numbers for thewhat the hell you're doing in his property. Don't think it
fraud perpetrator. Relay services are intended to becan't happen to you. This scene is being played out all
used by someone who may be deaf, hard of hearing,across America. Be vigilant. Take your time, take your
or speech-disabled. If you call the contact number andhouse hunting seriously, and be very precautionary
are greeted by an operator for some relay servicewhile seeking a new place to live. Always remember
asking you what message you'd like to leave, be wary.to use the old "sniff test". If something looks or sounds
Scammers will also establish answering machines totoo good to be true, it likely is.
field their incoming calls. They'll respond back to