Beware of Real Estate Scam in Bay County

BAY COUNTY, FL – Property owners in Bay County have recently been the target of a real estate scam that has left unsuspecting buyers and renters feeling frustrated and cheated. This scam involves an individual or group posing as a legitimate real estate agent or property owner, attempting to sell or rent properties they have no rights to, and then disappearing with the victims' deposits or full payments.

In a recent incident, a vacant lot in Youngstown, Florida was listed for sale by an unknown individual who contacted a local realtor. The scammer attempted to sell the property by pretending to be the rightful owner. This type of scam has become increasingly common in the Bay County area, causing financial and emotional distress to those involved.

To protect yourself and your investments from falling victim to this scam, it is essential to be vigilant and verify the legitimacy of any real estate transactions.

Here are some tips to help you avoid becoming a target of this scam:

Verify the property owner: Before making any payments or signing any agreements, confirm the identity of the property owner or real estate agent. Conduct thorough research on public records, such as the county assessor's office or the local property appraiser's website, to ensure that the person claiming to own or represent the property is legitimate.

Beware of high-pressure tactics: If a real estate agent or property owner is pressuring you to act quickly or make a decision without giving you time to research or consider your options, be cautious. Scammers often use high-pressure tactics to take advantage of unsuspecting buyers or renters.

Get everything in writing: Before making any payments or signing any agreements, ensure that you have a written contract or lease that clearly outlines the terms and conditions of the transaction. This document should include the names and contact information of all parties involved, as well as any deadlines or milestones related to the property sale or rental.

Report suspicious activity: If you suspect that you have been the target of a real estate scam in Bay County, Florida, report the incident to the Bay County Sheriff’s Department. By sharing your experience, you can help authorities track down the scammers and prevent others from falling victim to their schemes.