One Navasota realtor is warning property owners about letters they may receive offering to purchase their land.
Navasota Realty’s Nancy Perry says she and several others she knows received the same letter, basically offering on a quick sale to purchase the land for something like 20 to 25 percent of what it’s actually worth.
She says she’s most concerned about folks with land that’s been in their family for some time and may be unfamiliar with its current value. And one woman she knows is a good example of how these schemers are sometimes successful. She had someone offer her $800 an acre for her 250-acre farm, which she thought was a good deal, as she recalled it only being worth $40 an acre.
Thankfully for her, Perry tells Navasota News, there was a glitch in this particular woman’s paperwork that brought the matter to Perry’s attention, so she was able to inform her of the true value of her property and keep her from becoming a victim.
But the scammers aren’t counting on being successful every time, Perry goes on, they’re just counting on the law of averages.
Your safest bet, Perry advises, is to always deal with a licensed realtor in all of your land transactions. State licensed brokers, she says, are required by law to disclose all such pertinent information.