Ask Bruce:  Answers to Your Real Estate Questions

"Beach Bum" asks:  "I found a great apartment with a reasonable rent, but something's not right..." I filled out the application online and forwarded it to him/her. I was immediately "OK'd" and given a bank to forward the first and deposit. NO credit check,  only basic application questions. Owner out-of-state...no local contact.  I don't want to lose the money, but don't want to lose the rental. Am I being scammed?

You're wise to question this transaction.  Unfortunately, there are scores of con-artists out there waiting to prey upon the unwary.  I own a number of rental properties, and over the years I've had several prospective tenants inform me that they've seen my homes listed on platforms like Craigslist, with the "owner" asking for money up front in exchange for immediate approval.  Selecting the wrong tenant is an expensive proposition, so any competent landlord will go through all the appropriate paces before handing over the keys- and this will include a thorough credit history and background check. You should also be given the opportunity to view the apartment before sending in any funds. Don't worry about losing the rental- there's nothing to lose.  Keep your money, and wait for a legitimate offer.  Your local Realtor can help.