Friday, October 22, 2010
NWMLS has received information from multiple brokers about a potential lease purchase scam. The scam artists have contacted property owners and brokers in an effort to view and lease high end property. After a lease purchase agreement has been executed, the scammers ask that you hold their first and last month deposit until after they move in. After the scammers move into the property, their rent check bounces, and the seller is forced to go through the eviction process to remove the scammers from the property. The eviction process is time consuming and expensive. Please be cautious when dealing with similar situations and be wary of suspicious people.