Posts Tagged ‘real estate scams’


5 Investing Mistakes That Cost You Money

Investing is supposed to make you money, not make you lose it. But it’s easy to fall into a few traps that can cause exactly that – whether you’re new to investing or have been around the block a few times. Regardless of how you’re investing, financial professionals point to five common mistakes that can […]

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Data Theft Crosses All Borders

The Digital Age has all but erased many of the world’s conventional borders. While that’s undeniably useful for commerce and communication, it’s also made cybercrime a household word, as thousands of American Express cardholders in California found out this spring. Back in March 2014, the American Express Company revealed that data hackers had stolen the […]

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Social Media For Investors: Networking, Support, Success

Mention social media, and all too often the image that comes to mind is a group of teenagers furiously posting selfies to Facebook and Instagram. But think again. Social media has grown up, with serious real world applications for professionals, entrepreneurs and investors who want to stay educated, connected – and safe. A few years […]

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Are Precious Metals Just a Flash in the Investing Pan?

After a long downturn, the prices of gold and silver are bouncing back, sparking a flurry of tranasatcions as investors try to take advantage of the upswing. But while trading in gold has its own glamour, wise investors who see past the glitter know that precous metals really don’t offer much in the way of […]

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Tax ID Theft: Tis the Season

It’s nearly tax day, and whether you’ve filed long ago and are awaiting a refund or scrambling to make the midnight April 15 deadline, you might find that your refund never appears – or that your bank accounts are suddenly empty. Tax ID theft is up 66 percent from 2010, and fraud officials expect it […]

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Digital Currency Scams Hit the Internet

If a new financial trend woos consumers, can scam artists be far behind? As the Bitcoin and other digital currencies are alternately hailed as striking a blow for financial independence, or a tool for cybercrime and corruption, new scams are popping up that highjack the accounts of those who use high profile internet exchanges like […]

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Home Security: Save Money, Avoid Legal Fees

Home security issues – from break-ins to slips on a sidewalk — fuel a multibillion-dollar industry that includes technology, consumer advice and even medical and legal fees. Although residential security is a necessity for every property owner, it’s an especially thorny area for landlords, who have to fulfill legal requirements as well as accommodate the […]

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Eminent Domain Seizures Threaten Mortgage Lending

Every state has the right of eminent domain – the legal right to seize private property for the public good. Cities generally exercise those rights for things like building roads or schools. But one California city is using its eminent domain rights to seize homes in danger of foreclosure –with potential repercussions for the mortgage […]

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Short Term Renters Try Communities Before They Buy

The new wave of American retirees is challenging traditional thinking about housing in retirement. The stereotype of the old folks serenely sitting on the porch of the house they’ve owed for forty years has given way to a new kind of retiree – restless, peripatetic and often inclined to abandon the old homestead for a […]

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Top 5 Real Estate Scams: Old Tricks, New Tools

Scam artists flourish in desperate times. And for many people, the years following the housing collapse of 2008 have been pretty desperate, thanks to a weak economy and bleak job outlook. The resulting turmoil in the housing market has opened new doors for scammers and schemers taking advantage of new tools to target victims at […]

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Fake Lawyers Run Real Estate Scams

The threat of legal action strikes fear in the hearts of most people – and it’s a fear that scammers employ quite effectively. Now, along with housing market fraud and schemes like the Nigerian bank transfer scam, fraudsters posing as attorneys (and some real lawyers) are conning homeowners and investors with promises to handle all […]

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Spotting Real Estate Fraud: 10 Red Flags

Housing scams come in so many forms that it’s hard to catch them all. Scams are constantly evolving to take advantage of changes in the landscape, frequently targeting the most vulnerable. As we’ve seen in this week’s intermittent series of posts on real estate scams, fraudulent practices harm not just individual victims but the housing […]

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Scam Companies Target Mortgage Relief

Scam artists have a long history of targeting the desperate, and after the housing collapse of a few years ago, numerous homeowners were placed in just that position. Now, scammers are moving in on legitimate avenues for mortgage assistance with fake companies and extravagant claims that cheat struggling mortgage holders of fees and even mortgage […]

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Real Estate Scams Trap Buyers, Sellers – and Renters

The aftermath of the housing collapse of a few years ago created fertile ground for con artists of all kinds. The chaotic mix of bank fraud and mismanagement, the flood of foreclosures and millions of confused and desperate homeowners opened doors for a variety of sachems and scams. If the Nigerian money transfer scheme weren’t […]

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Old Scams, New Tricks Target Real Estate

The Nigerian Internet scheme is so well known, it’s become a joke. Yet it keeps on rolling, blackening the name of an entire country and taking on new forms to snare still more unwary victims. Now, fraud experts report, the Nigerian scams are targeting the world of real estate, with a new variation on the […]

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