Tuesday, May 20, 2014

Thinking Of Buying That Property? 3 Things You Should Know To Protect Yourself From Getting Scammed

Finally, you stumbled upon your dream house and it’s perfectly located near everything!  Your heart is racing with the thought that you got to have it.  Why not?  You can afford it and it is exactly what you are looking for.
Stumbled upon your dream house?
Stumbled upon your dream house?
Wait!  There are important things that you should know to protect yourself from getting scammed.
Here are 3 of them…

1. Who are the real owners of the property?

Are the ones selling you the property the actual and legitimate owners, or just a representative of the owners, or worse…posing as the real owners?  You have to make sure that you are dealing with the rightful owners of the property before making the purchase as you may find yourself caught up in the middle of a legal battle for ownership dispute later on.
There are also cases of double sale, wherein the owner has already sold the property to another buyer, and the that buyer failed to register the sale and transfer the title to his name, and the owner sold it again to someone else.
Source: Thinking Of Buying That Property? 3 Things You Should Know To Protect Yourself From Getting Scammed

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