Tag: property scams
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Five Key Steps To Protect Senior Deed Holders From Scams
Older homeowners, especially those whose mortgages are paid off, can be targeted for deed theft. The crime involves someone else pressuring a vulnerable senior or forging documents to gain control over the property’s value. But good, timely planning can protect the senior—and, ultimately, protect the senior’s heirs in turn.
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Get Up to Speed: Updated Guide to AI Fraud in Real Estate Deals
With home values as high as they are now, it’s no wonder swindlers target people involved in deed transactions and mortgages. High-stakes scammers tend to be smooth operators. Smoother than ever, with artificial intelligence (AI). So it’s good to know the warning signs, and investigate concerns when in doubt. Read on for a quick view…
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Meanwhile, in Ohio…Seniors Get Warnings of Deed Wholesaling Scams
In Ohio, seniors are being warned of unexpected offers from real estate marketers who want to buy homes. The state’s Real Estate and Professional Licensing body as well as the Department of Aging and Richland County are all working to warn deed holders about the growing problem of wholesaling schemes. Older homeowners are impacted the…
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The Quitclaim Deed and Fraudulent Real Estate Transactions
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…
