WINNIPEG — The Manitoba Securities Commission is warning homeowners about offers to buy their properties that appear as handwritten notes.
The commission says in some of cases, a house flipper identifies a target known to have money issues.
A handwritten note is left with a phone number, and when the homeowner calls, they’re offered a lower-than-market value price and pressured not to call a real estate agent.
The homeowner is asked to sign a contract to allow architects and engineers inside.
But the commission warns they’re actually investors assessing if the house is worth flipping.
(CTV Winnipeg)
The Canadian Press