
Real Estate Fraud Prevention Tips and Resources
Discover essential tips to avoid real estate fraud, understand the importance of working with licensed professionals, and access valuable resources provided by the Department of Real Estate. Stay informed and protect yourself from potential real estate scams.
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Presentation Transcript
Department of Real Estate Fraud Prevention Fraud Prevention Lily Liu Lily Liu Special Investigator Special Investigator
An Agent is Required to have a Real Estate License to Provide You Help with: Buying a House Selling a House Collecting House Rent on Behalf of Landlord Obtaining a Mortgage Loan Three Types of Licenses: Salesperson Broker Corporation
Always Enter into Contracts with Licensed Individuals: For Professional Assistance To Protect your Legal Rights To Protect your Benefits
Tips To Avoid Being a Victim of Fraud Be Careful when Contacted by Anyone You Do Not Know Ask Questions Lots of Questions Ask for their License Number Don t be Pressured to Take Action Now Don t Sign Anything You Do Not Understand
Tips To Avoid Being a Victim of Fraud Be Careful When Offered Guarantees Don t be Taken by Anything that Sounds Too Good to be True Don t Pay Fees Up-Front Especially with Cash Don t Sign Any Blank Document
Tips To Avoid Being a Victim of Fraud Contact the DRE to Verify a Real Estate License Check on Your Property/Land via the County Clerk s Office Google Your Property/Land
Contact Department of Real Estate Toll Free Calls 877 -373-4542 www.dre.ca.gov