According to this old fart, today’s travel news story is about ‘enter to win‘ real estate scams that I’m shocked are legal, let alone something that people even do. Now all of us have a secret desire to travel somewhere far away and live in the lap of luxury in a beautiful location, so there are those who take advantage of us. They do it ever so cleverly by disguising and romanticizing a dream destination and offer it for free, or a very low fee, but only to ‘the right person’. They state a deep desire to ensure that the property goes to someone ‘who really cares’, and not ‘just anybody’. The chosen parcels are usually truly amazing, and so are the mind-numbing number of people who fall for the scams.
Chosen Parcels Are Usually Truly Amazing
The way the scam usually unfolds is that a remarkable, ‘too good to be true‘ house is offered to the public for a ridiculously low price, but there’s a couple of catches. Sometimes the people legitimately own the property, and sometimes not. Either way, in order to get folks to ‘buy in’ to the scam, potential new owners must prove that they’re worthy by writing an essay about why they love the property, and what they’ll do with it. And the current owner usually requires the new owner to preserve the location it as is ‘for generations to come to enjoy’.
New Owners Must Prove That They’re Worthy
However, when excited prospects get to reading the fine print for most of these incredibly exciting opportunities, they discover that there’s an entry fee – to prove ‘their seriousness’ don’t you see. However, the fee provides absolutely no guarantee that the bid for ownership will be successful. So to increase prospects chances, the alleged current owners ‘generously’ allow multiple entries from individuals, encouraging potential customers to enter often, each entry requiring it’s own entrance fee of course. Fees can range from a few dollars to hundreds.
Scams Charge Entry Fees That Range Into The Hundreds
Some charge the entry fee as the final price of the house, much like a lottery, wile others charge it as the chance to purchase the house at an amazingly low price. And, given how expensive and desirable prime real estate is, they get a lot of entries. One of the duped potential lucky winners posted their $25 entry fees several times a month, for several months. At the end of the day even if one lucky person does buy the place ‘for a dollar’, the total dollar amount that the house fetched through the entrance fee scam is likely to be double or triple what the property would have sold for on the open market. Needless to say, this old fart is outraged by it all because I can’t stand seeing people being taken advantage of.
Needless To Say, This Old Fart Is Outraged
I’m outraged that there’s folks who’d do stuff like that to other people, and I’m outraged at the gullible people who left themselves be taken advantage of. I’m outraged that lottery laws are being violated and going unpunished, and I’m outraged that I can’t actually buy one of the darn things for that kind of money. Therefore, should you come across such an opulent and seductive temptation, always remind yourself that ‘if it sounds to good to be true, it isn’t true’, it’s somebody seriously out to screw you.
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