Protect your most valuable investment
Your home. If you’re like most people, your home is your largest asset. It’s also likely that you give little thought to it in regards to your “ownership”. You know that it’s yours, right? Well, perhaps you have a mortgage on it, but it’s your house. You’re not renting it. You “own” it and reap the benefits of being able to deduct your mortgage interest on your taxes, for example. But how can someone steal your home without your knowledge? It’s not like a vehicle that would immediately be noticed as missing.
It's easier to steal a house than it is a car...
Believe it or not, property fraud is on the rise and is one of the fastest growing crimes in America. Unscrupulous individuals can locate the basic information required to forge documents by simply viewing the public record. They can locate party names, property address, tax parcel ID and the legal description.
From there, all that is necessary is for a fraudster to file a falsified deed (often a Quitclaim Deed) with the county recorder and you’re none the wiser that a “cloud” has been placed on your title.
A “cloud” you ask? Yes, if a title search is conducted (for example, maybe you’d like to refinance your mortgage and take advantage of a lower interest rate), the fraudulent deed will show, showing that you’ve “sold” the property to someone else (another person/party has rights to the property other than you). And so the drama begins.
What about that pool contractor who you hired 2 years ago who never completed the project and you ended up hiring someone else to complete the job? Did you know that the first contractor placed a mechanic’s lien on your property for non-payment? Do you know that you won’t be able to sell your house until this lien is paid?
So how do you protect yourself from this nightmare? Click the image to learn more