Don’t Fall for This FSBO Scam Regarding Vacant Land 

     There have been reports of scammers pretending to own vacant land that has no mortgage on it. They advertise it “for sale by owner,” seeking a quick close at an attractive cash price.  They claim to be out-of-state and do a mail-out closing providing forged IDs to an out-of-state notary.  They communicate only by text or email.

     A licensed broker could be fooled into listing such a property with the fraudster, giving it an additional air of legitimacy.

     Both brokers and prospective buyers can protect themselves by checking public records for the name and address of the property’s legal owner and reaching out to them. Some of us (including me) have an app to find the real seller’s phone number.