A condo listed on Craigslist for rent is actually shown on MLS listing sites for sale. The agent renting the house did not saying anything. Is this a fraud? Will there be any risk renting a REO property? However the agent has a website and can have access to the condo. Any help will be appreciated.
Why would you want to rent a place that’s going to be sold? Unless of course you like moving in and moving out again and having people walk-thru.
I wouldn’t rent a place that is also for sale. If a sale goes through, you’re out on your keister.
The listing on Craigslist could be fraud. This is happening all the time. Someone is taking the listing from the actual agent and putting it for rent then using a different e-mail address. They’ll ask for the deposit up front and you’ll never see your money or the keys to the rental.
REO properties are not for rent, the bank owns them and they only sell them. Be careful