How can I avoid scammers when buying a property?

[Mujahid12]

These days, the incidence of property scammers is on the increase, so many people are talking victim to property scam on a daily basis and I don't want to be in that statistics.
This is actually my first time of wanting to buy a property so I want to know how I can avoid property scammers.
Please guys how can I avoid property scammers?

First of all, you should buy the property on your ownself and check all the documents of the and verify from olders because they understand everything of properties , then get any property in t and it is best way to save from scammers .

 

[Aumeabbas]

These days, the incidence of property scammers is on the increase, so many people are talking victim to property scam on a daily basis and I don't want to be in that statistics.
This is actually my first time of wanting to buy a property so I want to know how I can avoid property scammers.
Please guys how can I avoid property scammers?

Well buying property is really senstive issue. You can't trust on every one in this regard, only few persons are trustworthy, so just check at your side because withour reliable and authentic agent you can't fulfill your wish.

 

[giddy]

One of the usual tactics scam agents deploy is that they try to rush you. Now, this is designed to place you under the mindset that the offer is for a very limited time. This makes you think that if you don’t pounce in good time, you might lose out on the deal. Scam. A good deal is not worth rushing.

No matter how mouth-watering a deal is, the agent or property owner needs to give you ample time to evaluate your choices, else it is not worth it.

 

[Adexgrace]

When it comes to buying of properties one need to be very careful of scammers because they are always everywhere. But there are ways of identifying and not falling into their traps. One need to have adequate and well known information about the person one is buying from. To be sure they are not scammers.

 

[Doradorwa]

To avoid scammers you must always endeavor that you buy your land property from a reputable land agency....You don't just work to anybody for things of great amount as that you go through people that has a good testimony to say about the particulars agency and probably go with your lawyer to do things legally.

 

[Trojan8]

Always better to work with well known agents in this kind of scenario as you can always verify their claims to properties. Then again, it won't hurt to do your own personal research to ascertain that such properties are really.

 

[Mika]

When you are buying property, you should always buy from the owner. By doing this you not only save yourself from scammers but also avoid paying commission to property dealers or agents. However, you should check the property documents the owner has and confirm the information with the local office.

 

[chicnthin]

Make sure that you do the transactions personally, not through online. A lot of scammers are online. All legal documents must be present and if you have a lawyer, get him review to avoid unnecessary complications. Head over to LRA's office to confirm the land, its owner and other important information.

 

[GoldenLady]

My advice to be assured that you are buying a property with an authentic owner is to check with the Land Registration Authority. You can also check with the Assessor's office in the city or town hall. They have the name of the real owner plus the taxes you will know if paid or not. One good reason to buy a property via a bank loan is that the bank will do the investigation on the authenticity of the title. That's what the bank did to our house when we bought it through a bank loan.

I never knew one can buy property through banks? Isn't the interest rate quite high?

I agree it will be a great idea, no bank will want to lose their money, and they probably have dealings with well known real estate agents.

 

[GIFTMICHAEL]

Property scammers are everywhere, but they can be avoided and discarded.
People need to be careful and every property owner need to play important role to this. Property owners should that their properties are protected and should not be used by property scammers to dupe people of their hard aim money.
People need to be aware of their mechanism and mode of operations. People should use research tools such as questionnaire and other methods they prefer to avoid the activities of property scammers.

 

[Tariq Shehzad]

Make sure that the person, to whom you are buying property is a trusted and honest person.
While taking property make an affidavit with that person, then purchase the property.

 

[Chumzy]

Most important thing is to go through the most direct and legal source. Secondly, why go alone? You can get someone who is vastly experienced in buying properties to guide you, that way he knows what is real and what is not. Also, try to verify everything you are told to the best of your ability.

 

[Snobar Bilal]

Yes scamming is are at the top now are days. So don't buy property with new agent which you don't know.Buy property for those person whom you are trusted and buys properties from agent. Don't invest money online specially in real estate.

 

[Nurudeen]

The best way to avoid scammers when buying a property is to go through the review of what people are saying on their website. You can also run a background check on the neighborhood where the property is located and engage some individuals around to chat and ensure to know if the property is for sale.

 

[ahmedo24]

Legal process of buying a property is the best because the lawyer will ensure the property is registered or the company handling the deal is registered and with that you are covered already. It is the simplest and the safest.

 

[Highflyer]

Always buy through verified agents, make your own research properly before buying, make sure you see the documents like proof of ownership, and always seek the advice of a lawyer, if you do all these you can avoid scammers.

 

[Alexandoy]

I never knew one can buy property through banks? Isn't the interest rate quite high?

I agree it will be a great idea, no bank will want to lose their money, and they probably have dealings with well known real estate agents.

Considering that the mortagage installment is affordable and the term is 10 years or more you can see the cost of money will be eating on the amount of installments later on. The rate is legal so it cannot really be high like the private lenders whose interest rate is usurious at 5% per month. The bank charged us an interest rate of 12% per year only. There was no broker in our transaction because we went directly to the owner of the property and the negotiation was just between us and the owner. We saved on the commission of the broker.

 

[Adegbindin Abdullahi]

When buying a landed property you have to be very careful because of most of the site you see online are mostly scammers, instead of that why not consult a government agency not to buy a fake property

 

[Patrik]

Don't listen to the middleman or the house owner opinion on consideration, ask people that are living around that specific house that you are trying to buy, ask atleast 10 people, they will usually tell you truth since they got no profit in lying to you like the real estate agent or anyone else who's involved in selling you something

 

[Josemendez]

First, before buying landed property , you need to do it with legal backings ,and also obtain approval from the community leaders . This will give you the confidence that the seller is not a scammer in any way.
Is unfortunate that scammers are on the increase