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Home Rental Hunting: Beware of Rental Scams

When you are looking for a home rental, protect yourself from con artists who prey on unwitting individuals. If you feel that something is wrong with the application, pay head to your instinct and proceed with caution. Rental Property Management Companies in Denver Colorado share some pointers below on how to recognize home rental scams.

• Be wary if you are asked to send money before you even meet the landlord or view the rental. 99% of scammers employ this tactic. Do not rely solely on photos.
• If the landlord is too eager to rent the unit to you. Most landlords run a background check on you to assess your credit, employment and criminal history.
• If the landlord asks you to pay a huge sum for the security deposit and upfront fees. If the security deposit is greater than what the law requires, the landlord probably has an ulterior motive.
• If a landlord attempts to pressure you to pursue the rental, he is up to no good.
• If the landlords say that you do not need a lawyer to go over the lease, be careful. Although you don’t really need a lawyer to go over the lease, if the landlord insists that you don’t consult one it could be a sign that he is hiding something.
• If the landlord insists that you do not need a lease even though you expressed your desire for one; he probably does not own the property.
• Watch out for landlords who hand out excuses as to why he cannot show you the property until you pay the security deposit.

Source: apartments.about.com