There are so many scams happening on the internet these days – and with the global pandemic, it doesn’t look like they are showing any signs of slowing down any time soon. One of the latest issues that is happening out in the world is a particularly devious one where cyber criminals force a fake deed pretending to be the proper deed owner to your home. This is known as home title theft.
Without protection, these attackers do everything from claiming your home to taking loans out against your property. Oftentimes, people don’t find out until the situation is too far gone – someone from the property assessor’s office may come to your door letting you know that your home is in foreclosure.
How prevalent is this issue? More than you might expect – from the years 2015 through 2019, both real estate and rental fraud fraud grew 2.6 times that of credit card fraud.
Don’t let the American dream become the American nightmare. Be informed and be vigilant in protecting one of your biggest assets – your home – through learning the information in the visual deep dive below.