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Updated over 2 years ago on . Most recent reply
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Stealing a house (Title Theft)?
I've been seeing ads on TV and hearing them on podcasts discussing the dangers of having your house literally stolen by means of "deed fraud". Supposedly, a scammer successfully impersonates you, forges documents and either steals equity with a home equity loan or sells your house out from under you.
Of course, the ad is selling something called "Title Lock" where for $14.99/month, they offer some sort of protection.
Maybe I'm naive, but this seems highly unlikely. In fact, it seems like something a clever marketer came up with to scare people into buying a remedy for a problem that doesn't actually exist.
Has anybody here ever seen or heard of this actually happening to someone?
Of course, the ad is selling something called "Title Lock" where for $14.99/month, they offer some sort of protection.
Maybe I'm naive, but this seems highly unlikely. In fact, it seems like something a clever marketer came up with to scare people into buying a remedy for a problem that doesn't actually exist.
Has anybody here ever seen or heard of this actually happening to someone?
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In case you haven't heard about this, property owners can Sign up for title fraud alerts in many parts of the country now, for example in Denver Colorado:
https://denvergov.org/Governme...
This isn’t a brand new thread but I wanted to post on it because it’s a continuing problem that can have devastating consequences
I was so alarmed at how easy it can be for this to happen that I just posted an article on deed fraud & what are some red flags to look for
It contains some links to check your property & register your property for fraud alerts with the clerk's office’s in various parts of the country