Most people are surprised to find out how accessible their home’s equity is to criminals who can steal it before they ever find out. While title frauds have been around for some time, these new home fraud schemes involve sophisticated crime rings which have been found to be comprised of real estate agents, investors, brokers, and lawyers. Are You A Target? FBI estimates that its a $1.4 billion problem annually and its the fastest growing Read more
Category: Title Fraud
A Billion Dollar Problem: Title Fraud
Home title fraud is rapidly becoming more common. In fact, it is now largely considered to be one of the fastest growing cybercrimes in the US. While technology can protect us and our data in many ways, it also unfortunately presents new ways for criminals to target us. But what is title fraud? Of course, a title in this context refers to a person’s ownership of real estate. When title fraud occurs, that means that Read more
Any Statistics Support The Need For Title Insurance?
Title insurance is an expensive form of insurance that is taken out at the point of requesting a mortgage. This is required by mortgage providers, but the burden is usually placed on the buyer, ensuring that they have an additional bill to foot on top of the numerous other expenses associated with buying property. But is such insurance really necessary? What would happen if you were to forego the product? The Role of Title Insurance Read more
The Basics of Home Title Fraud
Title fraud is a serious form of fraud that threatens to cost homeowners hundreds of thousands of dollars. This is a form of fraud that is becoming increasingly easy and common, and one that it is absolutely essential to protect yourself against. Title insurance can help you to do this, as can a number of other important measures. In this post, we will examine title fraud in detail, and discuss the best methods for protecting Read more