Public urged to review the following tips when looking for real estate online.
APD Region I property detectives have received several calls and reports regarding a real estate posting offering a house for sale for $38,000. The property is valued at $350,000 and is not currently for sale. The owners recently posted the house for lease on Craigslist and the scammers copied their posting and placed the house for sale on Zillow. The text of the ad is clearly designed to attract people who have no idea how buying a house works and asks for 20% deposit upfront to view the property.
APD would like to remind citizens of the following tips when looking for real estate online through any site:
Deal locally with people you can meet in person
Never wire money to anyone you’ve never met
Never give financial information (bank account information, social security number, etc.) to anyone you’ve never met
Do not buy or rent any property, sight unseen
Do not submit to any sort of credit or background check with anyone you’ve never met
Take your time, do your research and don't get rushed by phony deadlines imposed by the seller
If a deal sounds too good to be true…it almost certainly is
Communications and Public Information Office
301 W. 2nd Street, Austin, TX 78701