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Home > Tips for Home Buyers > Don’t Fall for a Rental Scam

Don’t Fall for a Rental Scam

March 18, 2024 By Connie Dolansky

In today’s digital age, the convenience of online rental listings has made it easier than ever to find an apartment or house. However, with this convenience comes the risk of falling victim to rental scams. These scams can lead to financial loss, identity theft, and a lot of unnecessary stress. To help you avoid these pitfalls and secure a legitimate rental, use these tips.

Do Your Research

Before committing to any rental property, research the market and familiarize yourself with typical rental prices in the area. If a listing seems too good to be true in terms of price or amenities, it could be a red flag.

Verify the Landlord or Property Manager

Always verify the identity of the person you’re communicating with regarding the rental. Ask for their full name, contact information, and proof of ownership or authorization to rent the property.

Never Wire Money or Provide Personal Information

Be wary of landlords or property managers who ask for payment via wire transfer, cash apps, or prepaid cards. Legitimate landlords typically accept payment through secure methods, such as check or direct deposit. Similarly, never provide sensitive personal information like your Social Security number or bank account details without confirming the legitimacy of the rental. If you are asked for money prior to signing a lease, it is most likely a scam!

Visit the Property in Person

Whenever possible, schedule a visit to the property before signing lease agreements or sending money. If the landlord refuses to allow you to see the property or claims to be unavailable for a viewing, it could be a sign of a scam. If they tell you to just go to property and look through windows, it is most likely a scam!

Trust Your Instincts

If something about the rental feels off or if the landlord is pressuring you to act quickly, trust your instincts and proceed with caution. Take your time to thoroughly evaluate the rental and don’t be afraid to walk away if you have any doubts.

By following these tips and staying vigilant throughout your rental search, you can protect yourself from falling victim to rental scams and find a legitimate and safe place to call home. Remember, it’s better to be cautious now than to deal with the consequences of a scam later.

If you are looking for a rental property, Zuber Realty can help. View our rental listings here.

Filed Under: Tips for Home Buyers

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