Deed theft is on the rise. Here's how you can protect yourself with a free tool | FOX43 Finds Out
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Deed theft is on the rise. Here's how you can protect yourself with a free tool | FOX43 Finds Out
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investopedia.com
🚨 2 Reasons You Need a Property Fraud Alert Most homeowners think title fraud could never happen to them… until it does 👇 1️⃣ Fake Deeds Can Be Filed Scammers can record forged documents with the county and make it look like they own your home. Many owners don’t discover it until they try to sell or refinance. 2️⃣ Fraudsters Can Take Loans on Your Property They may file liens or pull equity using your title — leaving you stuck proving ownership and fighting legal battles. 💡 How to Protect You
0:32
🚨 2 Reasons You Need a Property Fraud Alert Most homeowners think title fraud could never happen to them… until it does 👇 1️⃣ Fake Deeds Can Be Filed Scammers can record forged documents with the county and make it look like they own your home. Many owners don’t discover it until they try to sell or refinance. 2️⃣ Fraudsters Can Take Loans on Your Property They may file liens or pull equity using your title — leaving you stuck proving ownership and fighting legal battles. 💡 How to Protect You
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Deed fraud often preys on long-time New Yorkers, and we will prosecute those who take advantage of homeowners. Watch here to learn more about how to identify and report deed fraud!
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Deed fraud is real. You can purchase your home, live in it, and consistently pay your mortgage and someone could still attempt to steal your property or take out a loan against it. It sounds unbelievable, but it’s possible. In my next video, I’ll explain how to avoid this and what steps to take if it ever happens.
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