Especially in Tampa or Orlando markets, scammers advertise homes below market value to attract buyers. At the last minute, they claim unforeseen issues or “deal falls through,” then pressure you into signing a contract at a higher price.
We also see this with wholesale buyers. These buyers will agree to a market price, only to threaten to terminate prior to closing when they know the Seller is expecting to close.
Florida safeguard:
Work with a reputable, licensed real estate agent who can verify the seller’s identity and track record;
Hire an attorney to review the contract(s) before signing;
Avoid buyers or sellers who never visit the property or insist on skipping inspections and contract contingencies—they’re often hiding something.