Do your (or your SELLER, LANDLORD OR BUYER’S) due diligence! We are hearing more and more that a buyer bought a house, the MLS said sewer and a year after the property is closed the buyer (owner) has now found out the home is on Septic. Well, the buyer could contact an attorney but that doesn’t necessarily help them now that they own the home. Even if the listing says sewer and you are pretty sure it is sewer, it is still worth a call to the municipality or water company to
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·Variation on fake seller scam - impersonate existing title agencies by setting up a domain name, a website, and a bank account under names similar to legitimate title companies ·Identify a property, impersonate the owner, and contact a broker to list the property for sale. ·The appearance of a legitimate closing agent tricks the prospective buyer into sending significant earnest money deposit to the fake escrow agent