Remember when scammers made fake documents to try and auction off Elvis’ Graceland estate? Sadly, these scams aren’t limited to the rich and famous. The Wall Street Journal has a great rundown of what homeowners need to learn from this episode -- and how title insurance can help protect you from scammers. More people are closing on real estate from afar, and record-breaking home equity offers a valuable target for scammers. That’s why First American Title’s Sarah Frano, an expert in real estate fraud, says “there has been a sharp rise in seller impersonation fraud over the past few years, where a fraudster impersonates an owner by forging a deed conveying property to an unsuspecting buyer.” Thanks to diligent title searches and record keeping by First American and other title companies, the risk of losing your home through these scams is low, but fraudulent deeds and mortgages can still be incredibly costly. To protect yourself, Sarah recommends setting up a Google alert for your address so you can stop a fraudulent home sale before it happens. And critically, a First American Eagle title insurance policy “will cover you for losses you incur due to fraud or forgery” either before or after you purchase a home. Homeownership, and the entire real estate sector, depend on accurate property records. Title companies proactively find and correct millions of property records every month, and they have your back when scammers strike. #TitleInsurance #Homeownership #FraudPrevention
About us
First American Title Insurance Company provides comprehensive title insurance protection and professional settlement services for homebuyers and sellers, real estate agents and brokers, mortgage lenders, commercial property professionals, homebuilders and developers, title agencies and legal professionals to facilitate real estate purchases, construction, refinances or equity loans. First American's thorough title searches, title clearance and title insurance policies help to produce clear property titles and enable the efficient transfer of real estate. As one of the largest title insurance companies in the nation, First American offers title insurance and settlement services through its direct operations and an extensive network of agents throughout the United States and internationally. First American Title Insurance Company traces its history to 1889 and is the largest subsidiary of First American Financial Corporation (NYSE: FAF).
- Website
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http://www.firstam.com/
External link for First American Title
- Industry
- Real Estate
- Company size
- 10,001+ employees
- Headquarters
- Santa Ana, California
- Type
- Public Company
- Founded
- 1889
- Specialties
- Title Insurance, Real Estate Information Services, and Escrow / Closing Services
Locations
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Primary
1 First American Way
Santa Ana, California 92707, US
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3 First American Way
Santa Ana, CA 92707, US
Employees at First American Title
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Kevin Quaintance
Board Member @ Heritage Community Credit Union | Senior DevOps Manager at First American Title | Owner, TelosGlobal block chain validator
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Steven F. Mark, CSPO, CSM, PMP
Trailblazing Product Executive with Meteoric Impact | Driving Innovation with Determination, Accountability and Empathy
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Stacey Nagata
Senior User Experience Researcher at First American
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Michael Montoya
Updates
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What makes real estate "commercial"? Join Mark, Odeta, and Xander, in the third episode of The REconomy Podcast™ Summer School series, as they discuss the distinctive characteristics of commercial real estate and its unique demand drivers. Listen now on Spotify, Apple Podcasts, or our website: https://firstam.us/3Y8uK6v #FirstAmEcon #RealEstate #CRE
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While existing homeowners benefit from home equity, it’s still a tough landscape for everyone, especially first-time buyers. The good news? Slower price appreciation and lower mortgage rates are on the horizon, bringing hope for those ready to step into homeownership. Check out the latest Existing-Home Sales Outlook Report: https://firstam.us/3LxjTM6 #FirstAmEcon #RealEstate #Housing
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Fraudsters are motivated and sophisticated, but so are we. We continue to highlight the growing risk to homeowners from fraud, and how title insurance can help protect them from scammers. Earlier this week, Vice President and Real Estate Fraud Risk Expert, Sarah Frano, was quoted in an AARP article with her perspective on seller impersonation fraud and how consumers can protect themselves.
Scammers Who Commit Title Fraud Steal Your Identity -- Then Your Home
aarp.org
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ICYMI: Curious about the key drivers and benefits of homeownership? Join Mark and Odeta in the second episode of The REconomy Podcast™ Summer School series, where they break down these fundamentals and their impact on today's housing market. Listen now on Spotify, Apple Podcasts, or our website: https://firstam.us/4br4APy #Homebuying #RealEstate #Housing
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Curious about the key drivers and benefits of homeownership? Join Mark and Odeta in the second episode of The REconomy Podcast™ Summer School series, where they break down these fundamentals and their impact on today's housing market. Listen now on Spotify, Apple Podcasts, or our website: https://firstam.us/4br4APy #Homebuying #RealEstate #Housing
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Curious about the mid-year housing outlook? Despite current challenges, there's optimism on the horizon. While affordability remains a concern with rising mortgage rates and home prices outpacing incomes, there’s a brighter outlook beyond this year. Check out the latest Real House Price Index report. (link in the first comment) #AffordableHousing #HousingMarket #RealEstate
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ICYMI: Mark and Odeta launched a special 7-episode series diving into everything you need to know about buying a home. From getting that all-important mortgage pre-approval to navigating contracts and understanding the roles of title, settlement, and closing – we’ve got you covered. Whether you're a first-timer or looking to upgrade, these episodes are full of practical tips and insights you won't want to miss! Listen now on Spotify, Apple Podcasts, or our website: https://firstam.us/4cwUpdl #Homebuying #Housing #RealEstate
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Dreaming of owning your first home? Despite current challenges, there's good news on the horizon. Housing affordability may be a concern, but with slowing price appreciation and favorable mortgage rates there's hope for prospective buyers. Check out the latest First-Time Homebuyer Outlook Report (link in first comment). #Homeownership #FirstTimeHomebuyer #AffordableHousing
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Ever wondered who's involved in the home-buying process and what each step really means? Tune in to the Summer School series on The REconomy Podcast. Mark and Odeta are kicking off a special 7-episode series diving into everything you need to know about buying a home. From getting that all-important mortgage pre-approval to navigating contracts and understanding the roles of title, settlement, and closing – we’ve got you covered. Whether you're a first-timer or looking to upgrade, these episodes are full of practical tips and insights you won't want to miss! Listen now on Spotify, Apple Podcasts, or our website: https://firstam.us/4cwUpdl #Homebuying #Housing #RealEstate
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