Zack Childress complaints - There are very many resources on how to
succeed in real estate on the internet. There are also many great deals
available online. zack childress real estate scam tips However, there
are also very many scams that are out to steal from real estate
entrepreneurs.
Zack Childress complaints
Zack Childress scam warning tips take you through some of the common ways fraudster try to get your cash and how to avoid them.
1.Title fraud
2.Foreclosure or home-equity fraud
3.Property investment courses and seminars
1.Title Fraud:
This is the rarest type of fraud but the
most devastating of all. The fraudster gains the title documents from
the real owner of the property, forges the documents, and then transfers
the ownership to his own name. Using the forged documents, the
fraudster takes a mortgage or any other line of credit and leaves with
the cash.
Title fraud is prevalent with homes that
are free from mortgage and owned by old people. These people do not
know how to protect themselves from identity theft.
To avoid falling victim, avoid sharing
the critical property documents with the third parties until the final
stages of the transfer of title. You can also take title insurance.
2.Foreclosure or home-equity fraud:
If you are short on funds, you may use
the property to get some cash to cover your expenses. Criminals approach
the funds-stripped house owners and promise to consolidate the loans as
he holds the title for the property. The criminal then fails to make
payments as agreed. He also keeps all the payments that are made by the
client. After sometime, the criminal reportages the property and
disappears with the cash. The house owner is left in debts without the
property. Zack Childress’ Foreclosure and home equity scam tips
Be wary of agents who promise good deals in exchange for the property equity. Leveraging properties is always very risky. However, if you must do it, consider using a lawyer and your financial advisor.
Zack Childress complaints
Zack Childress complaints
3.Property Investment courses and seminars:
It is important that you educate
yourself on real estate.However, ensure that you do the research on the
suitability and the accuracy of the courses before enrolling into the
programs.
Many people do not dispose their
property frequently. So one should be conscious of the Craigslist Scam
that has become commonplace. The scammer utilizes marketing pictures and
notifications to lay the bait to the one who is interested in renting
the house.
Don’t let your vacation be Scam Seminars
where the speakers try to sell their properties are scams. Likewise,
avoid workshops, which charge excessively but have no proven success
against their claims. If you got to a seminar where you are forced to
buy a book or a program as a requisite to earn from the information, it
is likely to be fraud. Genuine courses give tons of free valuable
information and only charge for the exclusive information for the
attendees.
Seminars where the speakers try to sell their properties are scams. Likewise, avoid workshops, which charge excessively but have no proven success against their claims. If you got to a seminar where you are forced to buy a book or a program as a requisite to earn from the information, it is likely to be fraud. Genuine courses give tons of free valuable information and only charge for the exclusive information for the attendees.
See also : Zack Childress Complaints
See also : Zack Childress Complaints
These are all really awesome tips. I really like the idea of hosting free seminars for real estate scam tips. Especially for those who know nothing about the process or where to begin. I think that would've been really helpful for me when I first looked for my business. I'm sure even now I would still benefit form it.
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