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Tag: vacation rental

Multiple vacation rental scams reported in Cape Coral

CAPE CORAL, Fla. – The Cape Coral Police Department received multiple reports of vacation rental scams from online sites. Officers confirmed that in one case, a house was advertised for rent on Facebook Marketplace. When the victim contacted the person about renting the home, they were emailed a fake lease to sign and given instructions on how to wire money for rent and the security deposit through Zelle or other cash apps. The victim was scammed out of their vacation funds, according to CCPD. You can protect yourself from possible fraud by only renting from property management companies...

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*Assumes 2.799% APR, 20% down payment, and conforming 30-year fixed rate first mortgage on a single family, primary residence. The monthly payment you enter includes only principal and interest. Additional required amounts such as taxes, insurance, home owner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Not all individuals will qualify for a mortgage loan based on the payment entered. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice.  **Posted APR is based on Mortgage Assumptions
 
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