Fake seller/fake buyer scam alert - sale of vacant lots
South Carolina Real Estate Commission
Swindlers and swindling--South Carolina , Fraud--South Carolina , Real estate business--Corrupt practices--South Carolina
The South Carolina Real Estate Commission is aware of a rise in fraudulent sales and mortgages, most commonly associated with vacant lots. The scam targets unencumbered, vacant lots owned by persons out of state. With this scam, South Carolina real estate licensees may be contacted by a person acting as the seller seeking to have a vacant lot promptly sold for below market value. This is a list published by the North Carolina Real Estate Commission of “red flag” action to be aware of.
South Carolina State Library
South Carolina State Documents Depository
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