When searching for a rental property – whether it is for vacation or your home – you can’t help but be excited to find a home listing online where the price is right and the location is perfect. But before you inquire, did you consider the possibility that the listing might be a scam?
You name the industry and fraudsters have probably touched it. According to the Federal Trade Commission, in 2011 approximately 25 million Americans were impacted by scams every year, pursued by crooks whose intentions are to bilk hard-working individuals out of their hard-earned money.
If you’re in the home rental market, the following are a few indicators that should raise red flags, along with some tips on how to confirm if a listing is legit: