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The scam: You like the place, and then you’re told that if you want it, you need to act immediately—no time to bring in your mom, your contractor, or even your spouse. You sign on the dotted line and hand over a check, only to find out later that the place has major problems or, even worse, the so-called seller doesn’t own the title.
How to Avoid It: If you’re ever being pressured or being given an extreme hard sell, take it as a major red flag. Even in a hot market, a sound real estate transaction needs to be carried out in a reasonably measured, orderly fashion. If the selling agent or owner is rushing things along too much, be very suspicious—and prepare to walk (or run!) away.
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