Attention, dear residents and potential renters, to avoid rental scams, it’s crucial to be vigilant and take necessary precautions before making any payments or commitments.
When it comes to renting, broker Denise Dilbey wants to ensure your safety and protection from fraudulent activities. Here are her essential tips for avoiding rental scams and protecting yourself from financial loss.
Tip #1: Never give a deposit without seeing the apartment and verifying the legitimacy of the owner or landlord.
Scammers may try to entice you with attractive photos and false promises. Remember, if something seems too good to be true, it probably is.
Always insist on visiting the apartment in person before making any financial commitments.
Tip #2: Protect yourself by verifying the identity of the person you are dealing with.
Scammers often pretend to be the owners or representatives of the property. Take the time to request identification documents and verify their authenticity. You can cross-reference the information provided with public records or contact the property management company directly to confirm their identity.
A potential red flag is when the owners only want to communicate via email and avoid meeting in person.
Tip #3: Avoid paying in cash, especially during the initial stages of the rental process.
Cash payments can be challenging to trace and recover in case of fraud.
Instead, use secure payment methods such as checks or online platforms that provide buyer protection. This way, you have a transaction record and can dispute it if necessary.
Tip #4: Get everything in writing.
Some scams involve companies refusing to return deposits for damages that were present before the renters moved in. It’s wise to ensure the whole agreement is in writing from the start to the finish date and ensure that all damages are noted before signing the contract.
Remember, your safety and financial well-being should always be a priority. By following these guidelines, you can reduce the risk of falling victim to rental scams and protect yourself from fraudulent activities.
Stay informed, trust your instincts, and don’t hesitate to report suspicious behaviour to the authorities or relevant housing agencies.
Stay informed, trust your instincts, and report scams!
Denise Dilbey, Broker
Denise Dilbey, Broker, serves the Town of Halton Hills, Town of Erin and surrounding areas. Connect with her online to view Featured Listings, learn about buying and selling real estate or to enlist her expertise for your next home purchase or sale.
