If you’re looking at a rental property to live in temporarily, a vacation rental for your family, or whatever it may be, be sure to watch out for these potential threats when it comes to short-term…
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If you’re asked to make a holiday deposit to the owner, especially using a third-party app, a wire transfer, or in a way that is separate from the website you’re booking on, that owner is likely taking advantage of you hoping to book their property during a busy time. However, scammers can slip by even on rental sites like Airbnb and VRBO with fake property listings. If a listing seems like an unbeatable deal for what it is, there is a chance it’s a scam.
Avoid this by getting everything firm in writing in a vacation rental agreement without any mysterious clauses that may open the door to price changes or unusual fees.REUTERSAvoid paying via third-party apps, a wire transfer, or any other way that is not on the rental booking website you are using. The sooner you report the incident and take action, the greater your chances of recovering your losses and preventing further harm.If you suspect you’ve fallen victim to a rental scam, and you’ve sent money by check or wire, contact your bank immediately to see if you can stop payment.
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