Scam alert !

Viewing 13 posts - 1 through 13 (of 13 total)

Dubstep
Participant
@dubstep
Join Date: 2012
Post Count: 395
October 7, 2012 - 3:55 am
Just a heads up on a scam !
http://www.abc.net.au/news/2012-10-07/bargain-hunters-warned-over-real-estate-scams/4299624
Dubstep
Participant
@dubstep
Join Date: 2012
Post Count: 395
October 16, 2012 - 10:58 am

Here is another one to be aware of :
http://www.abc.net.au/news/2012-10-16/scammers-attempt-to-sell-wa-home-thwarted/4316840?section=business
Scott No Mates
Participant
@scott-no-mates
Join Date: 2005
Post Count: 3,856
October 16, 2012 - 9:32 pm
Saw the article in the SMH link to the West Australian newspaper.
Thinking of following suit?
davemoris
Member
@davemoris
Join Date: 2012
Post Count: 8
October 20, 2012 - 3:30 am
I haven't seen this one on the newspaper but thanks for the great heads up.
jasonbently
Member
@jasonbently
Join Date: 2012
Post Count: 11
October 21, 2012 - 3:49 am
Is there a possible way to sell the property if the presence of the landowner is not around? Good catch.
Derek
Member
@derek
Join Date: 2004
Post Count: 3,544
October 21, 2012 - 5:29 am
Has already happened once in WA.
The owner of the property sold out from under him almost lost another to exactly the same scam. Only got caught out when a neighbour happened to mention the property sale to the owner.
Richard Taylor
Participant
@qlds007
Join Date: 2003
Post Count: 12,024
October 23, 2012 - 11:12 am
Course nothing like that would happen in Qld.
Well not for 10 years after it happened in the rest of Australia.
We have only just got rid of the white shoe brigade on the Gold Coast.
On a serious note just goes to show how sophisticated scammers are getting.
Cheers
Yours in Finance
Richard Taylor | Australia's leading private lender
Derek
Member
@derek
Join Date: 2004
Post Count: 3,544
October 24, 2012 - 7:24 am
I understand the person who owned the property was working overseas in Africa – the same continent the scam originated in. Probably just a coincidence.
I also understand both properties (one sold + one almost) were mortgage free.
But – scammers are getting trickier and trickier.
Scott No Mates
Participant
@scott-no-mates
Join Date: 2005
Post Count: 3,856
October 24, 2012 - 9:19 am
The owner should have watched what he was disclosing to others.
Jacqui Middleton
Participant
@jacm
Join Date: 2009
Post Count: 2,539
October 24, 2012 - 9:33 am
Wow should I post a link across to the thread where some guy was saying how intelligent real estate agents were.
We can put a man on the moon but we can't figure out a suitable system to prevent us from selling other people's very expensive assets without their say so. Hmmm.
Jacqui Middleton | Middleton Buyers Advocates
http://www.middletonbuyersadvocates.com.au
Email Me | Phone Me
VIC Buyers' Agents for investors, home buyers & SMSFs.
Derek
Member
@derek
Join Date: 2004
Post Count: 3,544
October 24, 2012 - 9:56 am
Agents and conveyancers/settlement agents/solicitors handling property sales in WA now have to get 100 point ID check done from vendors.
This requirement came into effect as a result of this scam.
Jacqui Middleton
Participant
@jacm
Join Date: 2009
Post Count: 2,539
October 24, 2012 - 10:14 am
Good to hear. What about us poor vulnerable Victorians???
Jacqui Middleton | Middleton Buyers Advocates
http://www.middletonbuyersadvocates.com.au
Email Me | Phone Me
VIC Buyers' Agents for investors, home buyers & SMSFs.
Derek
Member
@derek
Join Date: 2004
Post Count: 3,544
October 24, 2012 - 11:17 am
Buy in WA and you'll be offered the same protection I know some excellent property opportunities