Wednesday, September 25, 2013

Rental Scammers Thriving in Seattle’s Hot Rental Market

You’re shopping for a new rental on Craigslist or Hotpads, and stumble upon a beautiful listing that is asking well below the market norm – you’re first thought is it’s too good to be true, but at that price who could resist? If you’ve seen these ads while browsing, usually cluttered with grammatical mistakes in the property description, you’ve likely had this same thought. A four bedroom bungalow in Ballard with a garage and hardwoods for $1,200/month?! Sounds like the deal of a lifetime in Seattle’s hot rental market. This listing seems too good to be true, and it certainly is; online rental scammers are thriving in the cut throat Seattle rental market, so be on the lookout for these similarities on your quest for the perfect rental. Scammers almost never list a local phone number, and generally send you an email in response about an urgent matter that leaves no other choice than to deal with all transactions long distance.
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According to the Seattle Times, some of those who have fallen for rental scams have lots hundreds and in some cases thousands of dollars. Sometimes the fake landlord seems to check out alright, they might even have an email that is listed as the actual landlord’s name. Do not wire anyone any money, and make sure to look into the rental company before choosing a rental home. If you’re interested in Seattle rentals, contact your local real estate agent today.


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