If you are handling a "vacant land" real estate transaction, ensure your agency remains vigilant and wary of possible risks.
The fraudster will locate property, impersonate the owner, and list the property for sale (typically as FSBO) on various real estate syndication websites, looking for a buyer who wants a quick close.
The "seller" communicates primarily via text or email and usually requires a mail-out closing. The "seller" signs the deed and has it notarized; it is not clear whether the "seller" is using a fraudulent notary or whether they are presenting false identification to a legitimate notary. The fraudster will sometimes use the listing to connect with a trusted buyer's broker before going under contract, which gives the transaction an additional air of legitimacy.
Please be aware that these folks are difficult to identify. If you identify FSBO opportunities matching the foregoing profile, parties should take additional steps to identify ownership.
If you suspect that you are a victim or see suspicious activity, please contact your local authorities.