How to avoid real estate online escrow fraud

Augusta

VIP Contributor
They are a lot of fraudulent real estate escrow companies online before using them for your real estate financisl transactions you should be sure they are legit you can adopt the following tips

Only use escrow site with valid and consistent contact information that shows physical address, phone number, and email address.

Use escrow site that have live chat that you can reach a customer care

Review the escrow instructions provided by the company. If something seems suspicious then avoid it

Use escrow company that mostly accept traditional payment methods. You need to have your evidence so do the transaction with checks or bank transfers.
 
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Holicent

VIP Contributor
Yo can avoid real estate fraud online by researching the escrow Company details and try and verify their website security features. Only reputable and secure payment platforms should be used for transactions. Don't send money to unknown accounts and be conscious of cheap deals or deals with high pressure tactics. Ask for guidance from professionals to review contracts and ensure realness before finalizing your transaction.
 

Edulet

Active member
There are several important steps you can take to avoid falling victim to real estate online escrow fraud. Firstly, always verify the legitimacy of the website or platform you are using for escrow services. Look for reviews and testimonials from other users to ensure it is trustworthy. Additionally, never wire money directly to an individual or company without thoroughly investigating and confirming their identity. Lastly, be cautious of any requests for personal or financial information that seems suspicious or unnecessary.
 
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