How To Avoid Fraudsters When Buying or Renting a Property

          Fraud-Property

Fraudsters are everywhere. They have been in virtually all field of human endeavour since Adam. The goal isn’t to retire them from their stock in trade. It isn’t to get rid of them in the real estate sector either. The goal is to arm as many as possible with information that will put them on the safe side. To put them in the know of the tell-tale signs they should be on the lookout for whenever they want to buy or rent a property. So how can you avoid fraudsters when buying or renting a property?

Do Your Due Diligence

The world has gone digital. Most estate agents now have websites. Property websites like Hutbay,99 property Nigeria make finding an agent and knowing more about each of them a breeze. With few clicks, the legitimacy of a broker can be easily verified. All thanks to technology.

Ask Questions

After getting to know about the property available for sale or rent, it is only normal for certain questions to be asked. During the asking process, scams can be detected and foiled. Depending on how practisedthe fraudsters are, with questions as simple and basic as: ‘where is your office? Can we arrange a meeting?” foul plays can be perceived.

Don’t Be Too Quick To Pay

To be on the safe side, never be in haste to make payments no matter urgent things get. Until you’ve done your due diligence, asked questions, understand details, never make payments. Read more..

Robert Lawrence

Managing Director

99 Property Nigeria Private Limited