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Buyer BEWARE! Avoiding Scams & Fraud (Mindset)

Buyer BEWARE! Avoiding Scams & Fraud (Mindset)

FromForeclosure Deals Coach Podcast


Buyer BEWARE! Avoiding Scams & Fraud (Mindset)

FromForeclosure Deals Coach Podcast

ratings:
Length:
31 minutes
Released:
Nov 4, 2020
Format:
Podcast episode

Description

Today, we talk about the growing trend of real estate wire fraud, and what you can do to guard against it. We operate in an increasingly digital world, and as such, how we do business continues to evolve as new technologies develop. Although wire transfers are nothing new, the tactics scammers use to acquire your information and potentially gain access to your escrow funds have become more sophisticated. Establishing a solid relationship with the banking institution that will be handling your money can be a way for you to employ an extra set of eyes to note any strange escrow activity. However,  by keeping a record of the conversations or correspondence you have with your title company or lawyer, you can avoid being tricked by nefarious 3rd parties trying to intercept your communication and reroute your funds to unaffiliated accounts. Listen as Donny gives you a few guidelines to follow when wiring funds, and make sure you're doing your part to protect your money!Mentioned in today's episode:PropstreamHere's a link to the article Donny discussed in today's episode:How One Family's Nightmare Illustrates The Growing Threat Of Real Estate Wire FraudWe're offering a FREE 7-Day Trial of the PropStream software when you sign up through the Foreclosure Deals Coach affiliate link. Go to dealhunter.io to sign up and be confident in analyzing your next deal!Sign Up For Your Free 7-Day Trial Of Propstream TODAY!Want to get started?Join the Foreclosure Deals Coach Insiders group on Facebook to begin your career in real estate investing. for even more information on foreclosure and real estate investing!https://4clsd.co/fdci? Master Foreclosure Investment with DonnyLearn the secrets with the "5 F’s of Foreclosure Investment System". Dive deep into properties, transform them into profits, and shape your financial future, all for just $49.? Enroll Now? Unlock Your Foreclosure Potential with DonnyReady to secure a minimum profit of $25,000 on your first deal? Donny's "Do it with you" coaching model guides you step-by-step. Turn potential into profit.? Schedule Your Call Now? Join the Foreclosure ExpertsStep into our dedicated community. Gain expert insights, strategies, and connect with like-minded investors.? Facebook Group? The Ultimate Foreclosure HubEquip yourself with the best-in-class resources, strategies, and updates from the foreclosure world. Your investment journey, elevated.? Official Website? Network with Donny Coram, The Foreclosure Deals CoachForge connections, share your journey, or simply drop a hello!? LinkedIn? InstagramNote: Some links may be affiliate. Your support keeps us creating quality content.
Released:
Nov 4, 2020
Format:
Podcast episode

Titles in the series (100)

Foreclosure Deals Coach is an education company that helps real estate pros transition from commission based income models to investment income from foreclosure investing. Learn the secrets you need to FIND, FIGURE, FUND, FIX, and FLIP a Foreclosure Deal in your market with my 5 F's of Foreclosure Investment System Course and Coaching.