Tag: property scams
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Meanwhile, in Ohio…Seniors Get Warnings of Deed Wholesaling Scams
In Ohio, seniors are being warned of unexpected offers from real estate marketers who want to buy homes. The state’s Real Estate and Professional Licensing body as well as the Department of Aging and Richland County are all working to warn deed holders about the growing problem of wholesaling schemes. Older homeowners are impacted the…
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The Quitclaim Deed and Fraudulent Real Estate Transactions
Quitclaim deeds show up commonly in fraudulent real estate transactions. This type of deed fraud can impact elderly people, buyers purchasing real estate from strangers without warranty, renters who are paying someone who is not a legitimate owner, and anyone involved who might buy, sell, or own property. Here, we examine how it happens and…