Buying a home is one of life’s most important decisions—but it’s also one of the most vulnerable to fraud and deception. From fake listings to contracts with hidden clauses, knowing the risks and how to prevent them is essential to protect your investment.
The Most Common Real Estate Scams
Fake listings on property portals
Some scammers publish non-existent homes or properties that have already been sold in order to collect reservation deposits.
Identity theft
Fraudsters may pose as property owners or intermediaries without having any real connection to the home.
Irregular payments or deposits
Requests for money upfront without a formal contract or proper verification are a clear warning sign.
Properties with hidden debts or charges
One of the most frequent scams involves selling a property with outstanding debts, mortgages, or liens without informing the buyer.
How to Protect Yourself Before Buying
Verify the property
Request a nota simple from the Land Registry to check for mortgages, liens, or any financial or legal burdens associated with the property.
Never pay without guarantees
Do not hand over deposits or reservation payments without a legally valid and reviewed contract.
Check the seller or intermediary
Ask for documentation proving property ownership and verify that the agent or company holds a valid license.
Review all documentation
Energy certificate, community association bylaws, and proof of payment of the property tax (IBI)—every document matters to avoid surprises later.
The Role of a Buyer’s Agent
A Buyer’s Agent reviews all documentation, detects potential irregularities, and ensures that every step of the process is completely safe.
At Lora Galeva, we work exclusively for the buyer, defending only your interests, avoiding risks, and negotiating always in your favor. Learn more about our Buyer’s Agent services.
Buying a property without professional guidance increases the risk of falling victim to fraud. Surrounding yourself with experts and reviewing every step carefully is the key to investing with safety and peace of mind.
