Legal Help on Real Estate Fraud Joplin MO

Real estate fraud is more common than you think. The best way not to fall for real estate scams is to become aware. Know what you are getting into before putting your money into real estate investments. Please scroll down to learn more and get access to the litigation lawyers in Joplin, MO listed below.

James Barlow Fleischaker
(417) 623-2865
418 S. Wall, P.O. Box 996
Joplin, MO
Specialties
Estate Planning, Family, Litigation
Education
University of Missouri School of Law
State Licensing
Missouri

Jared Paul Stilley
P.O. Box 1582, 1105 E. 32nd St., Ste. 5
Joplin, MO
Specialties
Criminal Defense, Workers Compensation, Litigation, Personal Injury
Education
Missouri Southern State University,University of Arkansas
State Licensing
Missouri

Mariann Morgan
(417) 358-4049
517 South Main Street, P.O. Box 409
Carthage, MO
Specialties
Banking, Litigation, Bankruptcy, Commercial
Education
University of Georgia School of Law,Creighton University
State Licensing
Missouri

Joel Irwin Krieger
(913) 888-1000
2300 Main St., Ste. 900
Kansas City, MO
Specialties
Business, Tax, Litigation
State Licensing
Missouri

Matthew Allen Jacober
(314) 613-2502
10 South Broadway Suite 1300
St Louis, MO
Specialties
Litigation, White Collar Crime
Education
The John Marshall Law School
State Licensing
Illinois, Missouri

William J. Fleischaker
(417) 623-2865
418 S. Wall Street, P.O. Box 996
Joplin, MO
Specialties
Litigation, Appeals, Banking
Education
University of Missouri School of Law
State Licensing
Missouri

Peter Joseph Lasley
(417) 358-2127
130 W. 4th St., Po Box 272
Carthage, MO
Specialties
Family, Litigation, Speeding Ticket, Real Estate, Probate
Education
University of Missouri - Kansas City School of Law,Southwest Missouri State University
State Licensing
Missouri

Richard Louis Brophy
17th Floor, 100 North Broadway
Saint Louis, MO
Specialties
Litigation, Intellectual Property
Education
Saint Louis University School of Law,University of Illinois
State Licensing
Missouri

Ricardo Alberto Kolster
(816) 374-3200
1200 Main St
Kansas City, MO
Specialties
Litigation, Real Estate, Construction
Education
University of Kansas School of Law,Clarkson University
State Licensing
Kansas

Brian James Gill
(314) 238-2400
14212 Powerscourt Drive
St. Louis, MO
Specialties
Intellectual Property, Licensing, Litigation
State Licensing
Missouri

Legal Help on Real Estate Fraud

Real estate scams are nothing new. They are also not difficult to spot. Although most victims won’t fall for buying the Brooklyn bridge or property on the moon, there are many variations of real estate scams. Victims tend to be those that have little real estate investment experience or that neglect to perform even casual due diligence. Although it’s easy to get swept away with ideas of how your life could change with a windfall of cash from a real estate investment, it’s also relatively easy to protect yourself from scams if you know what to look for and where to look.

Spot real estate scam promoters

Have you ever noticed that the most successful people you know never talk about being successful? Have you noticed that those with money rarely talk about how much money that they have or make? The number one thing scam promoters have in common is a focus on their lifestyle. This can include driving fancy cars, indulging in fancy dinner meetings or wearing expensive clothes. If you see someone spending exorbitant amounts of money on lifestyle expenses, it may not be the kind of person you want managing the expenses of an investment project.

Beware of “no work” and “no risk”

You should not go into any potentially high returning investment thinking it will involve zero work. Higher returns are generally equated with higher risk and that includes the chance that you may have to get more involved at some point. A promoter selling a high-returning investment as “no work” and “almost guaranteed” should be an immediate and powerful red flag. As with any investment, you should be willing and able to get involved if the investment does not go as planned.

Use professional services: title insurance, inspection and escrow

Investors should perform some key due diligence before investing in a project. This could include obtaining a title insurance report (do they own it?) and having an inspection or feasibility study done (is the property in good shape and/or is the development feasible?). In addition, you should always use a third party escrow service to ensure that all contractual requirements are met before funds are released.

Have an attorney review your contracts

Speaking of contractual requirements, it is imperative that you have an attorney review your contracts before moving forward on any deal. Many investors attempt to avoid the high short-term cost of using an attorney in order to save a few dollars. Don’t make this mistake. There are ways to limit your attorney costs without forsaking the contractual protection that they provide. You can use templates and attempt to address issues yourself, but you should ultimately have the agreement reviewed by an attorney. They may offer suggestions with which you do not agree, but you will at least be aware of the potential risks that you are taking.

Don’t be pressured by timelines

A co...

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