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What You Need to Know About Real Estate Scams

California Real Estate Scam Lawyers

Investing in real estate should not put your livelihood at undue risk. While no real estate investment guarantees profitability, you should at least feel confident in the existence of the investment opportunity. Unfortunately, not all financial advisors and investment facilitators have your best interests in mind. You may fall victim to a real estate scam in California.

If you lost money due to someone scamming you into renting or buying a home, refinancing a mortgage or otherwise investing in an alleged real estate opportunity, you may have grounds to file a civil lawsuit in California. Contact the attorneys at Meyer Wilson for a free consultation about your California real estate scam case today.

Why Clients Hire Us

  • We have an invaluable store of resources to build your claim, including a network of expert witnesses and mediators across the country.
  • We have more than two decades of experience successfully helping clients recover compensation for the losses they suffered in investment scams.
  • We take California real estate scam cases on a contingency fee basis, not charging our clients anything if we do not win.

Do You Need an Attorney?

It is important to have someone in your corner after losing money to a California real estate scam. A lawyer from Meyer Wilson will look out for your best interests every step of the way, from the initial consultation about your situation to the final settlement agreement from the defendant(s). We can take care of any and all legal elements of your case during the fight for fair compensation.

Common Real Estate Scams in California

The real estate industry, unfortunately, leaves a great deal of room for fraud schemes and scams. Whether this was your first venture into real estate investing or you have been doing it for years, you could find yourself losing thousands of dollars to an experienced fraudster.

If you have fallen victim to a real estate scam in California, you may have the right to seek legal remedy. Here are several ways real estate fraud can take place: 

  • Common Law Fraud refers to an intentional misrepresentation of material facts with the intent to deceive, resulting in monetary loss.
  • Unfair Competition is a business practice that is deceptive, fraudulent, or illegal, resulting in harm to competitors or consumers.
  • Misrepresentation of Material Facts is a false statement made by a seller or other person involved in a real estate transaction that influences the buyer's decision to enter into the transaction.
  • Negligence or Breach of Fiduciary Duty is the failure of a person or entity to fulfill the duties of a fiduciary relationship, resulting in harm to another person.
  • Breach of Contract is a failure to fulfill the terms of a contract, which can include a real estate purchase agreement or lease agreement.
  • Fraudulent Inducement is the use of false information or promises to induce someone to enter into a contract.

If you suspect you have been the victim of any of these forms of real estate fraud, it is crucial to seek legal representation as soon as possible. The attorneys at Meyer Wilson have the resources, experience, and dedication to help you recover compensation for your losses. Contact us today for a free consultation.

The following examples of real estate fraud are common in California: 

  • Escrow wire fraud
  • International wire transfers
  • Stolen down payments
  • Loan flipping or fraud
  • Bait-and-switch schemes
  • Foreclosure relief
  • Duplicate listings
  • Property title fraud
  • Rental scams
  • False real estate lawyers or realtors

Technology has led to advanced hackers with sophisticated real estate fraud schemes. It is easy to become a victim even if you are aware of scams and cautious with your investments. Many fraudsters are extremely good at what they do, conning victims out of millions of dollars each year. If you lost money in any type of California real estate scam, we can help you build an aggressive legal strategy against the perpetrator.

What to Do If You Suspect a Real Estate Scam

If something does not feel right with your recent real estate investment, seek an unbiased third party’s counsel. Go to a licensed financial advisor or real estate scam attorney and discuss the situation. A counselor could help you identify signs of a real estate investment scam, such as an unlicensed realtor or extravagant money-back guarantees. If a fraudster has already deceived you out of money, an attorney from Meyer Wilson may be able to help.

Upon contacting our law firm for assistance, we will investigate your situation and verify whether real estate fraud has occurred. If so, we will waste no time in bringing a civil claim against the operator of the scam on your behalf. You have three years from the date you discover fraud to bring your claim in California, or else you will forfeit your right to any compensation. Speaking to one of our lawyers can be the best choice you make after losing money in a real estate scam.

Contact Us Today for a Free Consultation

At Meyer Wilson, we have attorneys available who have years of experience handling civil cases involving serious real estate scams. No matter what the circumstances are of your specific case, please contact us to request a free legal consultation. One of our lawyers can walk you through the steps to seek justice and compensation in California. Call (614) 532-4576 today.

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