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"The person who forged the deed is now the property owner," real estate attorney Arash Sadat explained to ABC7 Eyewitness News. "So, for you to get title back to that property, they would have to ...
FBI’s 2023 Internet Crime Complaint Center (IC3) report revealed there were 9,521 real estate-based fraud complaints in 2023, which resulted in over $145 million in losses. The fraudsters wisely ...
Here are some ways to protect yourself: What is home title fraud? Home title fraud occurs when scammers impersonate homeowners to refinance or sell a victim’s property and pocket the money. This ...
How to protect against property fraud. Preventing property fraud is critical because once your property has been sold to a third party, you will no longer be the legal owner and it can take a long ...
Deed fraud has also frustrated regular property owners Scammers aren't just targeting the big fish. In 2023, William Gordon's vacant land in Arizona was sold to someone else without his knowledge .
Mortgage fraud by borrowers from US Department of the Treasury [7]. Mortgage fraud may be perpetrated by one or more participants in a loan transaction, including the borrower; a loan officer who originates the mortgage; a real estate agent, appraiser, a title or escrow representative or attorney; or by multiple parties as in the example of the fraud ring described above.
Agrees Tomb, “A false deed does not actually cause the current owner to lose his property rights.” Nevertheless, title theft can have a “devastating impact” on the homeowner, Maffucci said.
This type of fraud involves forging a simple legal document — aka a quitclaim deed — that transfers ownership without any (or very little) protection to the buyer. So if the title is “bad ...
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related to: protection from house deed fraudhometitlelock.com has been visited by 10K+ users in the past month