How to Verify and Identifying Fake Land Titles in 60 seconds


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How to Verify and Identifying Fake Land Titles in 60 seconds

Engineers in Construction and Contracting

Engineers in Construction and Contracting

Home buyers and and house investors alike have been victims of real estate scammers for a very long time. Despite the laws put in place to fight scammers  in the Philippine real estate industry, many cases continue to be reported. The common problem is fake titles.

So here are the 5 common real estate scams in the country today, based on my experience:

4 Common Real Estate Scams in the Philippines

1. Sale of Property with a Fake Title.
Some people have purchased vast tracks of land and paid the down payment after seeing the land titles of the property. After a few days that the agent failed to show up, the buyer starts to question and only then starts inspecting the titles through the Registry of Deeds and found them to be fake. Millions are lost to this type of scam as investors are drawn by the low prices of the property. Due diligence is done before purchase or real property, not after the transaction. Read more of this post

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