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Updated over 14 years ago on . Most recent reply

Account Closed
  • Real Estate Investor
  • Los Angeles, CA
3
Votes |
67
Posts

Foreclosure Scam Warning?

Account Closed
  • Real Estate Investor
  • Los Angeles, CA
Posted

On Craigslist, I saw a link in bold which led to this article:
[url] . The Link was titled "Foreclosure Help Scams" (or something similar).

How do you prevent the stigma of REI being scammers?
How do you prove that you're honest?

Obviously, there are scammers out there. and obviously, an honest investor would probably not tell you to stay away from your lawyer. However, I do think for many people, its hard to tell who's who. The scenario described in the article is obviously a scam, and if someone reads this and is approached with a subject to or a lease-option, it may raise a mental red flag.

Just wondering how wholesalers deal with this issue...

Most Popular Reply

User Stats

286
Posts
255
Votes
Andy J.
  • Wholesaler
  • Colorado Springs, CO
255
Votes |
286
Posts
Andy J.
  • Wholesaler
  • Colorado Springs, CO
Replied

I use testimonials (with pictures if at all possible) and my company is an accredited member of the Better Business Bureau. I'm very honest, straightforward, and suggest that the sellers I intereact with meet with an attorney to review any documents I present. I close at a title company and keep my word on everything I say without exception even if it's small and relatively insignificant. Building trust is your number one goal.

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