Scams involving vacant land are increasing in Santa Clara County and nearby areas, causing concern for real estate experts and potential buyers. The California Department of Real Estate has alerted real estate agents, and the California Association of Realtors has seen reports of fraudulent claims about property ownership.
These scams usually focus on vacant land, which means these properties don’t have any loans against them. Scammers pretend to be the actual owners and use emails, texts, and phone calls to sell land they don’t own. They often price the land much lower than its real value and push for quick, all-cash deals. Scammers usually avoid meeting in person and may try to get documents signed electronically, making the scam harder to detect.
Some warning signs to watch out for include properties that are significantly underpriced, communication that happens only online or over the phone, and a refusal to meet face-to-face. Buyers should stay cautious when they see these signs, especially if there isn’t a “For Sale” sign on the land. By staying alert and consulting with legal or real estate professionals, people can protect themselves from becoming victims of these scams.
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