Got an email from Otake Iwao claiming to want to buy property anywhere in SC.  I sent him some listing to look at and in 5 minutes he picked one and wanted to buy it unseen and wanted a bunch of information on where his deposit would be deposited.  He had an account manager and said he wanted funds available before he arrived in 4 weeks.  Sounded like a total scam and I googled the phone # and it looks like I was right.  Has to be a scam... So.. beware to all Realtors.

You have to know it when it's too good to be true; so that's why i'm searching out the the names and numbers i've been given.  Some of the comments above are similar to what I've been dealing with the past 2 days.  We've submitted a cash offer contract (575k home) and we've been waiting for the 5000 earnest money check to arrive to title. We asked them to wire it but he said he couldn't and will overnight check today.  They sent over letter of proof of funds which had an account balance of at least $3m. Property is site unseen, making a 575k cash offer... only communication via email. Is this too good to be true?

"Got an email from Otake Iwao claiming to want to buy property anywhere in SC.  I sent him some listing to look at and in 5 minutes he picked one and wanted to buy it unseen and wanted a bunch of information on where his deposit would be deposited.  He had an account manager and said he wanted funds available before he arrived in 4 weeks."I received the same email on May 27. I am a Realtor as well. Definitely a SCAM! Watch out!

Guess what?  This Jackson character and his "Buyer Partner:, Iwao, have trid me in Seattle too.Same story: send him copies of listings and picks one out in minutes, and offers buyfull price-----well, youknow the rest  Jackson's checks are like a three dollar bill.  Beware!!I am a Realtor, too, you've guessed.

Glad I googled the phone number. It just didn't sit well and the name attached was Otake Iwao and why would he have to tell me he is of Japanese origin!! Usually if it flares my nostrils something really stinks..Thankfuly my business is doing great . I sure  don't need to go on wild goose chase.