Beware of auction scam companies..

A distressed property market always brings out some interesting characters and not all of them are on the up-and-up.

Although there are legitimate real estate auction houses & firms be wary of people who tell you that they’ll buy homes for you at the auction if you just give them a cashier’s check. Some of these people are just looking for a quick buck from you and have no plans to attend the auction or use your money for anything other than their monetary gain.

It may sound like a simple scam but I have heard of multiple people who have signed up for one of these “We buy for you at the courthouse steps” programs never to see their money again.

As with all real estate be sure to do your homework on the people you hire to represent you or your interests. And this goes for Realtors as well…just because someone sat through real estate class & passed a couple of tests doesn’t mean they are working with your best interests in mind. More than one “professional realtor” has found themselves in hot water for using their license to take advantage of gullible clientele and unfortunately many more sneak through the system.

Do your homework, check them out, ask for referrals, etc. Noone can protect YOU better than YOU can!

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4. Short Sale Realtors
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