Rent To Buy : Get Advice

by Sheree Becker on May 13, 2011

Rent To Buy : Get Advice

It has become known to us here at We Buy Houses 4 Cash that there are some people taking advantage of the We Buy Houses name. These people are not a part of our system and are in NO way associated with We Buy Houses 4 Cash or associates.

When buying or selling a property make sure you undertake every endeavour to get as much information as possible and get it backed up with advice from a solicitor. The safest way to ensure things go smoothly, make sure you use a licensed professional who has a National Credit Providers licence provided by ASIC, this will protect you from the scammers.

We Buy Houses 4 Cash is licensed with ASIC, is a full member of the Vendor Finance Association (VFA) and a full member of the Financial Ombudsman Service (FOS) so if you have any questions please feel free to get in contact with us.

This was published on a page of ‘In My Community’ recently.

12/May/2011

Comments:

SIGNS seen at intersections around Joondalup recently warn of a house-buying scam, which has not been reported to Consumer Protection.

The handwritten signs read “we buy houses is a scam”, but Consumer Protection commissioner Anne Driscoll said some “we buy houses” promotions related to Rent to Buy schemes.

“As with many other offers being made in the consumer marketplace, if it sounds too good to be true, it usually is,” Ms Driscoll said.

“Prospective purchasers should ensure that they get legal and financial advice before considering a Rent to Buy scheme to either sell or purchase a home.

“The legality of elements of Rent to Buy schemes is unclear and may depend on the specific arrangements for each scheme.”

No Scam Here We Buy Houses Scam Busted

 

 

 

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