Best Ways to Avoid Escrow Scams

Many people learn about escrow scams after they become a victim. There is so many different escrow scams available on the Internet. It is wise to scrutinize any escrow company thoroughly to avoid becoming a victim. This article will cover the best ways to avoid escrow scams.

Best Ways To Avoid Escrow Scams

• Watch out for websites that copy their content from legitimate websites.




• If you use the Internet, watch out for companies that do not list an address or phone number. If a number is listed, call customer service. If you are directed to leave a message or the number is a fax, then the company is probably a scam. Legitimate companies always have a live person you can talk to.




• Avoid escrow companies that immediately recommend you to an online escrow company. They are probably trying to steer you to a fraudulent escrow company.




• Avoid escrow companies based overseas. Many of the companies overseas have been involved in escrow scams.




• Verify that the Truste, Better Business Bureau, and VeriSign seals are legitimate on a website.




• Never provide your personal information until you have verified that the escrow company does exist.




• Call your state's Department of Corporation to see if they escrow company is listed as a legitimate business.




• Watch out for companies who use sloppy content on their website. Watch out for bad spelling, grammar, and inconsistent content.