Separately, it is necessary to identify the risks of fraud when transferring collateral. Buyers are more often the victims, but sometimes sellers get it too.
The simplest option is that the seller can simply refuse to saint lucia business email list return the money and send the buyer to court. A bona fide buyer will most likely win. But what's the point if you can't recover the money?
When a person has no property other than his only home and no official job, bailiffs are effectively powerless.
Honest lawyers in such cases explain the situation to clients and do not advise filing a lawsuit. This will entail additional costs, and the plaintiff will not see the money anyway.
To extort money from real estate sellers, fraudsters use more complex schemes. For example, with two buyers. The first one makes a deposit, and then the second one appears, pretends to be deeply interested in the apartment and offers to buy it for a large sum.
The seller understands that he can easily give the deposit in double the amount and still be the winner, so he refuses the first buyer and returns the money. At the same moment, the second buyer stops answering calls.
Fact of the day