If it’s too good of a deal, it probably is. A real estate post stating an Austin home being sold for $38,000 is fake, police say.
Austin police say it has received numerous calls and reports from the public regarding the home that is listed on Zillow. While it’s a real home—valued at $350,000—police say the owners listed it for lease on Craiglist but the scammers copied the photographs and information and posted it on Zillow.
In the ad, it says people who are interested in buying the home need to cough up 20 percent deposit up front to view the property.
Police would like to remind citizens of the following steps when looking for real estate online:
- Deal locally with people you can meet in person
- Never wire money to anyone you’ve never met
- Never give financial information (bank account information, social security number, etc.) to anyone you’ve never met
- Do not buy or rent any property, sight unseen
- Do not submit to any sort of credit or background check with anyone you’ve never met
- Take your time, do your research and don’t get rushed by phony deadlines imposed by the seller
These type of scams aren’t uncommon. In south Austin last year, a fake landlord was able to gain access to a rental and tricked a couple out of $2,000.
Have a comment? Please put it in the post below: