The scam: A foreign buyer in a big hurry offers to purchase your home in cash on the spot without asking for the usual information and inspections. You can’t believe your luck, and say yes.
How to Avoid It: In this case, you shouldn’t believe your luck. That all-cash deal may very well attract the attention of law enforcement agents, suspicious that the buyers may be using your house to launder ill-gotten gains. Do extra background work on an all-cash buyer.