Do Your County Residents "Need" Property Fraud Alert?
Home Title Lock © – perhaps you’ve heard it advertised on the radio or seen it on TV. It’s even endorsed by Newt Gingrich. If nothing else, it is informing the general public about a threat that most have never previously heard of. If you conduct an online search, there are numerous posts/opinions about whether it’s a waste of money (it is, after all, not free). Just as there are hundreds of opinions about whether to get the COVID-19 vaccine or not, there are many differing opinions about this service as well.
What is NOT debatable is that, for a county who is providing Property Fraud Alert through Data Preservation Solutions, this is a FREE service to all your county residents. They simply have to sign up and there is NO CHARGE for them – ever! And the advertising for the similar service is free. So why not take advantage of a better-informed public to offer a better product for FREE? We’ll even help with the marketing.
Property Fraud Alert is just that – an alert system that monitors recording activity of documents related to your property. When signing up for the service, the property owner chooses what name(s) to monitor. It can be personal names or business names. If a document is recorded matching their registered name, they will receive an email or phone alert notifying them that a record matching their name has been recorded. It is NOT a “lock” nor is it “insurance”. It is a monitoring and alert system that will notify them when a document is recorded. Then they can take the appropriate actions if it was, indeed, a fraudulent filing. Better to catch it sooner rather than later.
So what exactly is Property Fraud? To keep it simple, Property Fraud occurs when someone illegally uses your home for financial gain. Someone records a document in the County Clerk’s office attempting to make to make it look like they own your home or property. As improbable as this may sound, it’s one of the fastest growing crimes in America. In fact, the FBI has a task force that focuses solely on Mortgage Fraud. Because clerks cannot reject a document even if they suspect it’s invalid and they also cannot verify the identity of persons recording legal instruments, it happens more frequently than you may imagine. Compounded by the fact that most people do not check their deed, they may not know for years that their property has been “stolen”. The elderly are frequent targets, which is why DPS is dedicated to offering registration via phone and voice alerts (in addition to website/email) since they’re typically not as tech-savvy.
How can your office handle the customer service end? You don’t – we do all the work. DPS’s support staff will help people register, respond to alert inquiries and can even help look up documents remotely. It’s completely hands-free for the county!
Want to learn more? You can watch a webinar or news report reported by WFAA Channel 8 here: https://www.datapreservationsolutions.com/educational-info. Or you can also visit: https://www.datapreservationsolutions.com/property-fraud-alert
We’re ready to help you offer this invaluable service when you are. Contact us today – email@example.com or toll free at 844.779.1756.