Foreclosure rental scam

Foreclosure rental scam warning!

Foreclosure rental scam warning!

Combination lock used in the REO properties

Combination lock used in the REO properties

Foreclosure Rental Scam Strikes Bay Area

http://cbs5.com/local/foreclosure.rental.scam.2.774727.html

Most bank owned properties has a combination lock on it when listed on the market, the crooks somehow get access to that code and target potential tenants and steal rents from them.

The notice in the picture says:

“This property is for SALE not for RENT.  If you contacted someone regarding an ad on CRAIGSLIST stating that this property is for rent, that person is part of a SCAM.  They are trying to take your money.  This property is NOT FOR RENT.  Please call XXX-XXX-XXXX and give full details to an office representaative stating the name of the person and their contact information from the Craigslist ad.”

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