AARP Virginia scam alert: Rental property scams
Renting a home is often a big expense and an even bigger one when the rental is a scam. Scammers look for easy cash by collecting first month’s rent, deposits, and application and background check fees and then bolt before handing over the keys.
Numerous versions of rental frauds abound: some are bait-and-switch while others will attempt to rent out properties that are already leased or otherwise unavailable. Leasing based on units similar to a model unit and putting money down on a place unseen is on the rise, and would-be renters are being scammed out of hundreds or even thousands of dollars. When renting a new place, watch out for scammers who ask you to sign before seeing anything or request payment via money wire, peer to peer apps or cash. Do your research on the property and owner read agreements carefully.
Be a fraud fighter! If you can spot a scam, you can stop a scam.
Visit the AARP Fraud Watch Network at http://www.aarp.org/
With more than 1 million members in Virginia, AARP is the largest organization working on behalf of people age 50+ and their families in the Commonwealth.