The Craigslist real estate section can be wonderful.  I have recommended it in several previous posts, including the 3 best ways to find homes for sale in Grand Rapids, tips for working with FSBO homes, and the Ultimate Guide to Buying and Selling Real Estate in Grand Rapids.  It has a lot to offer, and when used properly, can be a great resource.

However, there is are some risks.  Since postings are not monitored for content and legitimacy, there are scams on the site.  The type of fraud varies, from fake money transfers to shady leases, but all can leave you high and dry.  How can you avoid scams, while still taking advantage of this great resource?

1.  Stay Local

First, work with local people who you can meet in person.  The Craigslist real estate site for Grand Rapids has a lot of postings from local property managers, owners, and sellers.  When you call on an ad, find out where they are located.  Offer to walk through the property with them, or meet at a nearby coffee shop. Continue reading “5 Ways to Avoid Scams on Craigslist Real Estate in Grand Rapids” →