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No one wants to fall prey to scam artists. Better guidance from real estate agents would be a big help. After all, a staggering fifth of fraudulent money transfer requests pretend to be coming from real estate professionals.
So, why aren’t clients getting stronger warnings?
Continue reading “Say the F Word: Real Estate Agents Need to Warn Us About Fraud”
Snohomish County Washington is now offering a valuable service for property owners – the Recorded Document Notification System. This free, voluntary system is designed to alert you whenever a document containing your name or tax parcel number is officially recorded.
Continue reading “Stay Informed with Snohomish County’s Recorded Document Notification System”
After Tropical Storm Hilary blasted the Baja and San Diego regions in mid-August, the Federal Trade Commission urged people to watch for a surge in rip-offs.
Opportunists may say they’re performing appraisals, but unless they are licensed appraisers, they lack professional accountability. If they’re improperly doing the work of adjusters, they might be violating state insurance law, too.
Their goal? To fleece people and then walk away from them in their time of need. Today’s climate realities offer schemers plenty of chances to rip people off.
Continue reading ““Unlicensed Appraisal” and Other Stories: How Scam Artists Chase Disaster Victims”
Quitclaim deeds show up commonly in fraudulent real estate transactions. This type of deed fraud can impact elderly people, buyers purchasing real estate from strangers without warranty, renters who are paying someone who is not a legitimate owner, and anyone involved who might buy, sell, or own property.
Here, we examine how it happens and how to detect it.
Continue reading “The Quitclaim Deed and Fraudulent Real Estate Transactions”