Protecting Your Home From Title Theft
Spokane Police warn of increasing incidents of home title theft, where fraudsters steal identities to alter property ownership records. This crime allows criminals to take out loans against the value of the home or sell the property without the owner's knowledge. Victims typically remain unaware until it is too late, leading to devastating financial losses. Community members are encouraged to frequently check the county register for unauthorized filings or liens. While title monitoring services exist, homeowners can also perform checks independently at no cost.
Reporting suspected fraud promptly can help mitigate the damage. This type of fraud not only affects homes but also land parcels, emphasizing the need for vigilance. Taking proactive steps is essential to safeguard one's property from these crimes.