Heroic Investing

real estate fraud

Social Media Opens Doors to Fraud

Social Media Opens Doors to Fraud

The rise of social media has changed the way the world does business. Although the Internet has always offered 24/7 availability of services, shopping and information, social networks offer more: personal connection, sharing, a sense of community – and trust. It’s no wonder that social media has...

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Demand for Mortgage Relief Opens Doors to Scams

Demand for Mortgage Relief Opens Doors to Scams

Real state scams often prey on the desperate, masquerading as legitimate companies working in various areas of the housing industry. Along with schemes such as the Nigerian money transfer, fake ownership and other obvious rip-offs, scammers are taking aim at investors and homeowners struggling to keep...

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Stolen Listings and Zombies: More Real Estate Scams

Stolen Listings and Zombies: More Real Estate Scams

If the Nigerian money transfer scheme weren’t enough, a variety of other real estate scams continue to circulate, trapping not just sellers, but also buyers and renters, too. The aftermath of the housing collapse created conditions ripe for scamming, as foreclosures spread, banks mishandled mortgages...

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Short Sales: A Target for Fraud

Short Sales: A Target for Fraud

Short sales – a sale in which a property is sold for less than the mortgage value to avoid foreclosure – can be a legitimate way to secure a viable investment property. But more than in other kinds of housing sales, the short sale market is especially vulnerable to fraudulent practices by all parties...

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