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Fake Rental Ads Are Everywhere, and Colorado Consumers Need to Watch Out

A word to the wise, rental scams are on the rise in metro Denver.

Bogus ads on Craigslist, Facebook and other forums offering rentals that really aren’t for rent tend to rise with the temperatures outside. The ads, which can stay up for hours before getting flagged as fraudulent, usually show appealing pictures pulled from other online postings and offer an alluring lease rate.

Almost always, the poster had had to move away because of an unforeseen situation that solicits sympathy. And while common sense says never wire money to rent a place you haven’t seen in person, the posters insist they are completely trustworthy. Just wire the money and the key will be on its way.

Source: The Denver Post

 

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70% Of Tenants Think Renting Is More Affordable Than Buying

A large number of renters view renting as an option that fits their lifestyle, and a strategic choice at many life stages, according to new research.

Source: 70% Of Tenants Think Renting Is More Affordable Than Buying