Lennox and Addington County OPP want you to know, if it sounds like it is too good to be true, it likely is. This comment comes as the OPP remind the public to take steps to protect themselves against fraud involving people asking to buy houses for cash. Some people in the area say they’ve received handwritten letters in their mailboxes, advising of interest in purchasing their home. L&A OPP say that although there are certainly people who will offer cash for properties, they will usually offer a very low price, sometimes as little as 65% of the market value. Constable Shannon Cork, the Media Relations Officer for L&A OPP, explains the scenario you may encounter with this scam.
Constable Cork says homeowners should never rush into making a deal or signing a contract. She says a written contract is the best protection for consumers. Homeowners can follow some of these suggestions to prevent victimization:
Never rush into making a deal or signing a contract. Take a few days to think about it.
Ask for, and check references. The company can also be checked out with the Better Business Bureau and Ontario Ministry of Consumer and Business Services.
Ask for a written estimate. Then get at least two more estimates from reputable businesses in your area.
Have any proposed contract checked over by someone trustworthy (a lawyer is a good idea) before signing it.
Do not provide any personal or banking information.
Avoid cash deals.
Get the right paperwork – written estimates and professional licenses.
A written contract is your best protection as a consumer
If in doubt contact Canadian Anti-Fraud centre
If you have a complaint regarding a letter you may have received, you can contact the Canadian Anti-Fraud Centre at 1-888-495-8501, or you can use Crime Stoppers online at www.tipsubmit.com
