Property fraud happens when someone creates a fake deed copy of a property, records it in the local land records registry office without the actual owner’s knowledge and makes it look like he owns it.
Assuming that the fraud is not detected during the initial deed copy search, the scammer can now then apply for a mortgage loan against the property, pockets the loan money and disappears while leaving a big mess for the actual homeowners, bureaucrats and banks to deal with.
Since there are no loan payments received, the lending institution will then start foreclosure proceeding on the property and the owner. Sadly as the actual owner of the property, you will have to hire a lawyer and overturn the fraudulent deed copy. You will then be forced to shell out thousands of dollars just to correct the problem and clear the “cloud” on your property’s original deed copy and title.
Imagine how a simple piece of paper like a deed copy can actually leave you such a big trouble. Of course you would not want to be caught dead with property fraud, mortgage fraud and identity thief using a fraudulent deed copy now, would you?
You can choose to act now and secure your property with a deed copy alert. A deed copy alert is an early warning system that will tract of any changes made with your title or for unauthorized deed copy transactions. The deed copy alert will then send you a notification regarding these changes through email, phone and mail.
Not only that, the deed copy alert also monitors your real estate documents, deed copy and property records 24/7 as well as provide you with the right real estate document information in the shortest period of time.
So do not be a victim of Property fraud, Mortgage Fraud and Identity thief. Act Now.
Assuming that the fraud is not detected during the initial deed copy search, the scammer can now then apply for a mortgage loan against the property, pockets the loan money and disappears while leaving a big mess for the actual homeowners, bureaucrats and banks to deal with.
Since there are no loan payments received, the lending institution will then start foreclosure proceeding on the property and the owner. Sadly as the actual owner of the property, you will have to hire a lawyer and overturn the fraudulent deed copy. You will then be forced to shell out thousands of dollars just to correct the problem and clear the “cloud” on your property’s original deed copy and title.
Imagine how a simple piece of paper like a deed copy can actually leave you such a big trouble. Of course you would not want to be caught dead with property fraud, mortgage fraud and identity thief using a fraudulent deed copy now, would you?
You can choose to act now and secure your property with a deed copy alert. A deed copy alert is an early warning system that will tract of any changes made with your title or for unauthorized deed copy transactions. The deed copy alert will then send you a notification regarding these changes through email, phone and mail.
Not only that, the deed copy alert also monitors your real estate documents, deed copy and property records 24/7 as well as provide you with the right real estate document information in the shortest period of time.
So do not be a victim of Property fraud, Mortgage Fraud and Identity thief. Act Now.