Police are now more cautious and smart when it comes to the plague of illegal residents. Differentiating a squatter, who has been duped into legitimately renting a house, from a rental scammer who takes advantage of people has become easier for the force. The recurring squatter problem has made them educate and make themselves more alert when on lookout for squatters. This problem has also made us strengthen our tactics as real estate solution providers Las Vegas at Tactical Real Estate Solutions. We don’t only preach our lessons to our team but also make it a habit to reach out to neighborhoods and educate them about the importance of looking out for each other’s backs.
From our experience, we know that there are not a lot of organizations, like us, who are effective Las Vegas real estate solution providers. That is why when our clients report to us a squatting crisis, we immediately go to the property and make it a habit to ask the right and necessary questions to the alleged illegal residents. From there, we are able to connect the dots. Just like what we do, law enforcement people are also concerned of the well-being of owners. Squatters can take advantage of the so-called Cash For Keys procedure, as reported by The Balance, in order to get money out of illegally squatting a property.
From anyone’s perspective, Cash For Keys seems like the easiest way for anyone to make money without actually working for it – and it is. This happens when owners put their property up for sale because of imminent foreclosure. When a prospective buyer announces or reaches out the owners to consider a deed, they accept the sale to escape mortgage responsibilities. If it so happened that squatters have already resided in the property before the deal has been made, the owner or the bank may pay the squatters a certain amount to make them leave. This procedure becomes more problematic for owners if squatters ask an unreasonable amount of money, like this news article from the Independent Institute. In this case, civility is not an option anymore and the best move anyone can make is to call us at for Las Vegas real estate solutions.
The dangers and costly risks of having squatters dominate your property are endless and can be extremely frustrating. If you want to be educated about How Crime Affects Property Values, visit our website or call us today at (702) 901-9390. Our company head, Steve Candelas, is also more than willing to be of help regarding any squatter concerns. Get helpful advice by reaching him today at [email protected]