Error opening template: advertisement/zones/468x60_generic.tplError opening template: advertisement/zones/728x90_leaderboard.tplError opening template: advertisement/zones/728x90_bottom_ad.tplError opening template: advertisement/zones/300x250_right_ros_up.tplError opening template: advertisement/zones/300x250_right_ros_down.tplError opening template: advertisement/zones/160x600_left_nav.tplError opening template: advertisement/zones/160x600_right_nav.tpl Land Fraud Schemes

Land Fraud Schemes

Over the past years, land fraud or real estate fraud has grown significantly threatening many home and property buyers. Con artists pose as trust worthy real agents or developers and may say that your prospective land or home will be your dream home in a convenient location and in a warm environment. But you may discover later that it is otherwise, far from conveniences, recreation and everything else. Therefore, before making any investments, it is very essential that you take a look at your land or your house personally. Visit the property and decide yourself whether or not you want to buy the place. Research and talk to people about the neighborhood. And most of all, take caution and be wise before you make any investments.

Con artists have also been known to impersonate as the owners of the property or the house. They may forge documents or obtain your personal information and transfer the property, which does not belong to them to their name. So, it is very important that you keep your bank account numbers, credit cards, your birth certificate and other important information safe. Store it away in a secure place to which only you may have access. Also, shred your important documents such as your credit card statements before throwing them away in the garbage. And never reply to spam or emails that ask you to provide you bank account or credit card information or passwords and so on.

When you are buying your home, be very cautious. Have any verbal agreements put into writing. And if they do not comply with these terms, do not go ahead with your deal. Also, obtain a property report and contact the local Better Business Bureau to check if there have been any complaints before against the developer. The United States law requires that each purchaser be provided with a property report with information about the property before signing the contract. So, if a developer does not give you a property report, ask him or her to provide it. If the developer does not provide you the report within two years before signing the agreement, you have the right to cancel it. You also have to right to cancel the agreement within seven days of signing after you have seen the report.

(0 Comments)
Log in or sign up to comment.

Post a comment

Log in or sign up to comment.
Identity theft comes in many forms.

A person\92s identity can be 'borrowed' for the purpose of creating fictional credit cards or a person\92s entire identity can be usurped to the point where they can have difficulty proving that they really are who they claim to be.

Up to 18% of identity theft victims take as long as four years to realize that their identity has been stolen.

There are many ways to protect your personal identity and many steps you can take to prevent your identity from being stolen:

*Never give out unnecessary personal information
*Never provide bank details or social security numbers over the Internet
*Always remain aware of who is standing behind you when you type in your personal credit codes at ATM machines and at supermarket checkout swipe machines.