Rent to Own Scams Almost Claim another Victim

Rent to own scams have increased in the United States of America at a rate that can only be judged as alarming. Countless potential home buyers have found themselves ruing bad decisions as they have been conned by individuals adept at rent to own scams. However, as Shanika Tucker showed, there are ways through which a prospective home buyer can evade the clutches of rent to own scam artists.

Ms Tucker was looking to rent a home, so she went through Craiglist looking for prospective properties. She visited the property, liked the offer and subsequently responded to the online advertisement. She was then asked by the so called owner of the home to provide 1400 American dollars as an advance towards the first month and the last month. The fact that this offer was also one of the many rent to own scams on the internet these days came out as the owner asked Ms Tucker to wire him 1400 American dollars.

This perked up her ears, which was when she dug deeper into the property and found another listing for the same home on another website as a rent to own property. The lease to own offer on the other website resulted in Ms Tucker asking the first offer provider some penetrating questions. At this point, the so called landlord bailed.

This simply shows that any potential home buyer or renter, if they stay aware and keep alert, can easily avoid being conned by such rent to own scams. There are some telltale signs that a real estate offer is one of the many rent to own scams proliferating on the internet. A demand to wire the money and the claim that the property owner is out of town or country are a couple of examples of these telltale signs.