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Beware of rental scams, says FBI

March 19th, 2010

Here is the link to an article on the fbi.gov website giving future landlords and future tenants valuable information about scams to be aware of and includes a list of steps to take to protect yourself.  Since this is a recent press release, it is apparent these scams are still out there.  In some distressed markets, scammers even rent out a vacant home, the tenants move in, and then find out it was all a scam when they are told to leave.  If it sounds too good to be true……..you know the rest.  Landlords should use a reputable service to do a credit check on potential tenants or use a property manager who takes those steps on behalf of the landlord.  It never hurts to hold a check for a 10-14 day period before releasing any of the money so you can make sure it’s good.  Prospective tenants should take the steps outlined in the FBI press release.  Don’t get scammed.

Posted in Blogroll, Real Estate Resources, Tips & Resources |
landlords|real estate|rental scams

Kathy Genz
Colorado Licensed Broker

Direct: (719) 598-1903