Due Diligence Will Catch Scammers with Gavin Timms Episode 1109

Published: March 14, 2022, 10 a.m.

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Gavin knows firsthand what it\\u2019s like to encounter a scammer. In his case, they created a fake power of attorney, and he didn\\u2019t catch it until after they went to send the money during closing. Bad guys are everywhere today and advances in technology make scammers hard to catch. That\\u2019s why due diligence is so important. No matter if you\\u2019re just starting out or a veteran in the real estate game, skipping your own investigation and research in a deal could have big consequences.

When you\\u2019re emotionally involved in something, common sense can go out the window. Even if you\\u2019re the smartest person in the world, it\\u2019s easy to miss the signs when excitement takes hold of you. When you\\u2019re too eager and skip the due diligence process, you might find yourself out of money and looking for a lawyer. Whenever something feels too good to be true, it probably is. Always trust your gut and stay alert to steer clear of scammers.

What\\u2019s Inside:

\\u2014Why the due diligence process is so important in real estate deals.

\\u2014Examples of what scammers do to try to trick you.

\\u2014Red flags to look for and why you should trust your gut.

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