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.
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What a great article and reminder of the importance of title insurance.
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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Fraud continues to be a problem for homeowners. First American is committed to educating real estate industry professionals and homeowners on this growing risk and the role that title insurance can play in protecting homeowners from scammers. Check out the AARP article below with quotes from First American's Vice-President and Real Estate Fraud Risk Expert, Sarah Frano.
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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Retired Mortgage Broker, Real Estate Investor (Section 8 Focused Investor), and Mortgage and Real Estate Coach at The McMillan Mortgage Group. Offices in Canada, Florida and Guyana
"Guarding against title fraud is more crucial now than ever. It's not enough to just be careful; homeowners must adopt proactive measures to ensure their property titles are secure. Whether it's through advanced security measures, regular monitoring of property records, or understanding legal protections and insurance options, there are several steps homeowners can take to shield themselves from the dire consequences of title fraud." #fraud #mortgagefraud #titlefraud
Ways to protect yourself from title fraud | Deeded
deeded.ca
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Title fraud is a serious threat in today's real estate market, but you can stay protected! To avoid title fraud in Florida, work with reputable title companies, such as Action Title, and real estate attorneys who can thoroughly verify your property's title history. Regularly check public records for unauthorized changes and invest in title insurance for financial protection. Safeguard personal information to prevent identity theft and sign up for property fraud alerts to stay informed of any suspicious activity. These proactive steps can significantly reduce the risk of title fraud. Please visit our website for more resources! Action Title Services employs state-of-the-art methods to detect and prevent fraudulent activity. Learn about the steps you can take to secure your property's title and how we can help you avoid becoming a victim of title fraud by contacting one of our agents! Stay vigilant and protect your investment! 🚫🔍 Visit our website www.actiontitlestjohns.com Reach us at (904)-797-4777 or email us at [email protected] Located at 3760 US 1 South, Suite 110 Saint Augustine, FL #TitleFraud #PropertySecurity #RealEstateSafety #buyerprotection #homebuyer #youshouldknow #fraud
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🚨 Stay Alert: Protect Your Real Estate Deals from Settlement Fraud! 🏠 Settlement fraud is a real threat in today's real estate market. Scammers aim to hijack your transactions and redirect your hard-earned money. But how can you protect yourself? Our latest blog explores effective strategies used by title companies to combat this fraud. 🛡️ Discover essential practices like enhanced verification processes, secure communications, and the benefits of title insurance. Whether you're buying a home or a realtor facilitating a sale, knowing these safeguards is crucial for a secure transaction. 🕵️♂️ Read our tips and stay one step ahead of fraudsters! 🔗 https://lnkd.in/gGg3eC5A #RealEstateSafety #SettlementFraud #ProtectYourInvestment #TitleInsurance #HomeBuyingTips
Safeguarding Against Settlement Fraud. What Realtors can do. — VUE Title
vuetitle.com
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Commercial and Residential Real Estate, Leasing, Development, Transaction & Title Attorney (LarryTheLeasingLawyer.com) (LarryTheTitleLawyer.com)
More on #titlefraud! "You can protect yourself by signing up for your local county's #property #fraud alert program. It sends emails and texts if there's activity on #land you own. It doesn't prevent fraud, but it's like an early warning system. But not many people know about it; out of the roughly 230,000 people who live in Clay County, only 28,000 have signed up. All of Florida's 67 counties have some sort of property fraud alert program." #larrythetitlelawyer #titleinsurance
Property deed fraud growing problem in Florida; state offers assistance in detection
fox13news.com
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Visionary investor and entrepreneur shaping the future of finance. Anil drives innovation and delivers exceptional returns in real estate, financial instruments, and technology investments.
### Protecting Your Property: How to Avoid Title Fraud and Why Professional Help is Crucial Title fraud is a serious and growing concern for homeowners. This fraudulent activity involves the illegal transfer of property ownership through forged documents, leaving unsuspecting property owners at risk of losing their homes. With real estate transactions often involving substantial sums, it's essential to understand how to protect yourself from title fraud and why enlisting professional help is crucial. #### Understanding Title Fraud Title fraud occurs when someone illegally transfers ownership of a property using forged documents. This can happen in several ways: 1. **Identity Theft**: Fraudsters steal the identity of the homeowner and forge documents to transfer the title to themselves or an accomplice. 2. **Forgery**: Criminals forge the homeowner’s signature on documents, transferring ownership without the owner’s knowledge. 3. **False Deeds**: Fraudsters file false deeds that make it appear .
Protecting Your Property: How to Avoid Title Fraud and Why Professional Help is Crucial
https://www.anilsellsnj.com
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Financial Crimes Investigator | Forensic Auditor | Accounting Expert | Advisory | Fraud Specialist | Internal Audit | Compliance Professional | Skilled in Fraud Detection & AML/CFT | Continuous Improvement Mindset
Real Estate Fraud: Protect Yourself The excitement of buying or selling a home can be overwhelming, but it's crucial to stay vigilant against real estate fraud. Scammers are becoming increasingly sophisticated, targeting both buyers and sellers. Common Scams: Impersonation: Fraudsters pose as real estate agents, property owners, or title company representatives to gain trust and steal personal information or funds. Wire Fraud: Scammers instruct buyers to wire funds to fraudulent accounts under the guise of closing costs or down payments. Property Fraud: Criminals forge property deeds or titles to sell properties they don't own. Rental Scams: Fraudsters advertise fake rental properties to collect deposits or rent payments. How to Protect Yourself: Verify Identities: Always verify the identity of anyone involved in the transaction. Request government-issued identification and confirm their affiliation with the company they claim to represent. Secure Communication: Be cautious of unsolicited emails, calls, or texts. Only communicate through verified email addresses and phone numbers. Wire Transfer Caution: Never wire funds without independently verifying the recipient's information. Confirm details with your real estate agent or closing attorney. Title Insurance: Consider purchasing title insurance to protect against property fraud. Trust Your Instincts: If something feels off, trust your gut and seek advice from a trusted professional. By being informed and taking precautions, you can significantly reduce your risk of falling victim to real estate fraud. Share this information with your network to help protect others. #realestate #fraudawareness #homeownership #buyersbeware #sellersbeware #protectyourself #financialsecurity
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🔑 Protecting Your Clients from Title Fraud: A Real Estate Professional's Responsibility 🔑 Did you know that losses from real estate scams reached over $396 million last year? 😱 This alarming trend is on the rise, and as real estate professionals, it's our duty to protect our clients from falling victim to these fraudulent schemes. Today, I want to shed light on one particular type of scam that is becoming increasingly prevalent: title fraud. Let's dive into the dangers and discuss proactive measures we can take to safeguard our clients' interests. 💪 🔒 What is a "title pirate"? - They commit title fraud by creating the appearance of legal ownership of a property they do not own. - Using falsified documents, they deceive others into believing they have legitimate title. 🔒 How common is this scam? - Title piracy has surged in recent years, especially with remote and mail-away closings. - South Florida has been particularly affected, making it crucial for real estate professionals in the region to be vigilant. 🔒 Who do title pirates target? - Vacant parcels of land are prime targets due to their lack of occupancy and limited monitoring. - Recently deceased owners' properties and investment properties owned by holding companies are also at risk. 🔒 How can we protect our clients? - Pay attention to detail during transactions, carefully scrutinizing documentation and verifying identities and authorities. - Request multiple forms of contact information and ensure its validity. - Whenever possible, opt for in-person closings and trusted in-person notaries. 🔒 What should you do if you become a victim? - Immediately contact a lawyer to clear your chain of title. - If you have title insurance, initiate a claim with your carrier. - Notify your county clerk's recorder's office of the fraud. Stay vigilant, my fellow real estate professionals! By prioritizing attention to detail and taking proactive measures, we can shield our clients from falling prey to title fraud. Together, let's ensure a safe and secure real estate landscape. 🏡💼 #RealEstate #TitleFraudProtection #ClientSafety #AttentionToDetail #StayVigilant #SecureTransactions
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Title insurance is crucial in protecting homeowners from fraud, as highlighted by a recent attempt to fraudulently sell Graceland, Elvis Presley's famous home. Iron Title can help prevent such scams by ensuring thorough checks and secure transactions, giving homeowners peace of mind against identity theft and title fraud. Read the full article about what happened with Graceland: https://buff.ly/4c9dBgL #IronTitle #TitleInsurance #ProtectYourInvestment
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