Agents, Freddie Team Up to Crack Down on Landlord Fraud
OtherScam artists are posing as landlords and are advertising foreclosed homes as rentals, a growing group of real estate agents warns. These scammers dupe unsuspecting renters by offering up properties they claim are for rent — which are often bank-owned and which they have no stake in. Then, these scammers often request personal credit information from the would-be renters and at least two months of rent up front for the lease. Many of these would-be renters don’t even realize they’ve been duped until after their moving truck has already pulled up […]