Potential Scam Alert

August 11, 2010. Multiple brokers have encountered the following scam: A foreign buyer contacts the listing broker offering to purchase the property sight-unseen. The buyer can verify funds for the purchase. The buyer sends a cashier’s check to escrow for a portion of the purchase price, which appears to be a valid check. The buyer then contacts escrow and asks escrow to send a portion of the funds back to the buyer. The cashier’s check turns out to be fake. Please be cautious if you encounter a similar situation.

Northwest Multiple=Information courtesy of the NWMLS

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