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Updated almost 8 years ago on . Most recent reply

User Stats

388
Posts
174
Votes
Luke H.
  • Real Estate Investor
  • Dallas, TX
174
Votes |
388
Posts

Protect against scams while selling a house

Luke H.
  • Real Estate Investor
  • Dallas, TX
Posted

Hello all,

Hope all is well with you. I am doing my 1st seller finance deal and waiting for it to close.

I am going out to the property daily (if possible) to keep an eye on it and take care of any maintenance. Today when checking the mailbox I found 3 letters addressed to a name I have never heard of. To add to the strangeness, was that the letters where from 3 different banks.

So today I am asking for tips/hints/ideas/gotchas/watch out for/to-dos from experienced sellers on the forum to make sure I am doing my best to cover myself from any possible scams out there while I wait for closing.

Note: I put an alarm in the house, but it doesn't have a gate to keep people from getting to the door or windows. I put out 'for sale' signs so I still get people driving by and calls on it. I did put a big sign in the front that says "under contract" so people would know it is not currently available.

Thank you

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