If you suspect that your home has been targeted by home title thieves, it is important to take action immediately. Contact your local law enforcement agency and file a police report detailing what happened and providing any evidence you have collected so far (such as forged documents). Additionally, contact your lender or mortgage servicer right away so they can investigate further and take appropriate action if necessary.
You should also contact the county recorder’s office in the area where your property is located to determine if there are any suspicious changes or additions to the deed of trust associated with your property. It may be helpful to request copies of all recorded documents related to your property for review. If there are discrepancies between these documents and what was originally filed when you purchased the house, this could indicate an attempt at fraud or identity theft.
It is also important to monitor credit reports regularly for signs of fraudulent activity such as unauthorized charges or accounts opened in someone else’s name using information from stolen identification documents. In addition, check bank statements for suspicious transactions that could signal attempts at fraud involving funds taken out without authorization from accounts associated with the home title theft victim’s name.
Finally, consider taking additional steps such as filing a complaint with the Federal Trade Commission (FTC) or contacting an attorney who specializes in real estate law for assistance in recovering losses due to title theft and other forms of real estate fraud schemes. Taking proactive measures like these can help protect homeowners from becoming victims of identity theft and financial loss due to home title theft scams.
If you suspect home title theft, contact your local law enforcement agency and a real estate attorney immediately. To better understand how title theft works during a real estate transaction, let’s explore the next heading: How Does Title Theft Work During a Real Estate Transaction?
Home title theft and deed fraud are serious issues that can have devastating consequences for homeowners. Fortunately, there are steps you can take to protect yourself from these crimes.
Whether you are a first-time homebuyer or a seasoned property owner, this information about home title theft will provide you with valuable insights into how to protect your assets and minimize the risk of title theft.
Real estate fraud is a serious issue that can have devastating consequences for homeowners, home buyers, and title insurance agents. Homeowners should be aware of the different types of real estate fraud schemes so they can protect themselves from becoming victims.
