Criminals target vacant land owners by posing as legitimate sellers, using identity theft to push fraudulent sales at prices significantly below market value.
The typical scam involves rapid, high-pressure tactics, where fraudsters avoid in-person interactions and only communicate through email, text, or phone.
The California Department of Real Estate has issued warnings, urging real estate professionals to recognize signs of scams and remain vigilant about property transactions.
Suspicious claims of ownership primarily affect vacant land, especially properties that are unencumbered, making them prime targets for scammers out to exploit unsuspecting buyers.
Collection
[
|
...
]