3 Easy Steps to Avoid Rental Property Scams

Corrupt people simply know how to deceit someone. This is particularly true when economic times exacerbate, and people find newer ways to take advantage of honest people. Lately, a lot of it has been seen in Dubai, the news about several renters leaving their rental property unexpectedly, because the rented place is illegal, is highly disturbing. Finding a home is not an easy task, and once found, losing it makes it even worse. None of us want to be out of deposit money and monthly rentals. So, just in case you’re wondering how to avoid these types of home rental scams read the following:-

1) Verification: Swindlers often use the local newspapers for their classified advertisements relating to rental properties. They may put up elaborate and urbane pictures of homes, which maybe legitimate, but not their own. Therefore, avoid these by first confirming and verifying all rental real estate leads you have considered so far before you sign up for one. Also, don’t go blindly with any of the real estate agencies who seem to be in a hurry to sell the property they in all likelihood will cheat you.

2) Research: Do some research before you sign up those lease papers. You could call up the landlord and ask him general questions. If, at all, the answers seem obscure, it could be a sign that the property owner is illegal. Find out about your neighbours as a number of scammers rent the property for a month and vanish with the money without prior notice. To be on the safe side find a reputable local real estate agency. This is because they have access to quite a few real estate leads that are legal and in the area of your choice.

3) Be cautious: Be very careful when handling cheques or money orders that are written for more than the necessary amount if you are the landlord. Do not cash them or even forward the difference to a third party. It is a sure-shot sign of a scam.

In short, don’t dish out your money upon the first accommodation you come across. Don’t be deceived by the most promising advertisement or the most alluring picture. Simply follow the above tips and keep yourself and your near and dear ones safe!