5 Real Estate Scams to Watch Out for in Ontario (and How to Protect Yourself in Sarnia)
Buying or selling a home is one of the biggest financial decisions most people make in their lifetime. Unfortunately, the real estate world isn't immune to scams, and both buyers and sellers in Ontario need to stay vigilant. Whether you're navigating the Sarnia real estate market or exploring other parts of the province, understanding common scams can save you from costly mistakes. At Blue Coast Realty Brokerage, we prioritize your safety and peace of mind. Here are five real estate scams to be aware of in Ontario, plus how to avoid them—especially right here in Sarnia.
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Phantom Rentals
The Scam: Fraudsters post fake rental listings for properties they don’t own, often copying photos from legitimate listings. They collect deposits from hopeful renters and disappear.
How to Protect Yourself in Sarnia: Never send money without viewing the property in person. Work with reputable local property managers or agents. In Sarnia, always verify listings through trusted platforms or through your agent at Blue Coast Realty.
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Title Fraud
The Scam: Criminals use stolen identities to forge documents and transfer property titles to their name. They can then secure mortgages or even sell the property without the owner’s knowledge.
How to Protect Yourself in Sarnia: Get title insurance when purchasing a home. Regularly check your property title, especially if it’s unoccupied. Blue Coast Realty ensures every transaction includes proper legal checks.
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Fake Real Estate Agents
The Scam: Some scammers pose as licensed agents or brokers, using fake credentials to collect upfront fees or deposits from unsuspecting buyers and renters.
How to Protect Yourself in Sarnia: Always verify the agent’s registration through the Real Estate Council of Ontario (RECO). Blue Coast Realty agents are fully licensed and local to the Sarnia area—you can meet us in person, anytime.
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Foreclosure and Distress Sale Scams
The Scam: You may see a property advertised as a “must-sell fast” deal due to foreclosure. Scammers offer it at a steep discount, pressuring you to act quickly with little paperwork or visibility.
How to Protect Yourself in Sarnia: Be cautious of listings that seem too good to be true. Consult with your local Sarnia real estate agent to validate the listing and property history. At Blue Coast Realty, we vet every listing for authenticity.
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Wire Fraud in Closings
The Scam: Hackers intercept emails between buyers and lawyers or agents, altering wire transfer instructions. Buyers unknowingly send their down payment to the scammer’s account.
How to Protect Yourself in Sarnia: Always verify payment details by calling your lawyer or agent using a known number. Never rely on wire instructions sent solely via email. Blue Coast Realty uses secure communication and closing procedures.
Final Tips to Stay Safe in the Sarnia Real Estate Market
- Work with local, reputable professionals: Blue Coast Realty is a trusted name in Sarnia for a reason. We guide you through every step.
- Never rush into deals: Scammers prey on urgency. Take your time.
- Use secure, traceable payment methods: Avoid cash and ensure contracts are legally reviewed.
- Trust your instincts: If something feels off, investigate further.
Real estate scams are real—but with education, vigilance, and a trustworthy team on your side, you can navigate the market with confidence.
Thinking about buying or selling in Sarnia? Contact Blue Coast Realty Brokerage for expert advice, trusted service, and safe transactions every step of the way.
