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Scammers are conning homebuyers out of their down payment

$ 52,660.57.

It’s a number Shannyn Allan knows by heart. That’s how much money she painstakingly saved for a 20 percent down payment and closing costs on her dream home — one with a claw-foot tub and enough room to run her fundraising group for dog rescues.

It was “the only house in San Antonio in our price range,” she said.

And it’s how much money the first-time homebuyer nearly lost this spring to an increasingly common scam.

“It was a nightmare every …
Personal Finance

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