26 - Top 10 Real Estate Scams & How to Avoid Them

First Time Home Buyers - How To Buy a Home

We're looking at some of the most devious scams and practices that could happen to first-time home buyers. From fake rental listings, bait and switch schemes, to the devastating impact of title fraud - we expose the top 10 that can affect you.
We look at the importance of title insurance and the potential pitfalls related to property titles. It's not about scaring you, but empowering you with crucial information. We look into the dark world of predatory lending and home improvement scams, loan flipping, the cybercrime of escrow wire fraud, and the deceitful world of scamming contractors.
But we're also arming you with practical steps to combat these scams. We discuss the importance of due diligence, understanding the fine print of your loan terms, and the value of an independent home inspection. Remember, knowledge is power, and power is what you will gain from this enlightening episode. So tune in, and let's fight these scams together.

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Contact Information:
Philip Mastroianni – Loan Officer & Real Estate Agent
[phone]
[e-mail]
First Community Mortgage
NMLS# 2141541
DRE# 02141890
FCM NMLS ID 629700
Loan Application: Apply Online
Monica Mastroianni – Real Estate Agent
[phone]
[e-mail]
DRE# 02099257
Legacy Homes Realty

Bab

1. Common Real Estate Scams (00:00:00)

2. Avoid Predatory Lending and Home Improvement Scams (00:06:36)

3. Protecting Yourself From Home Buying Scams (00:20:22)