Protecting Your Home From Title Theft
The Spokane Police Department warns residents about a growing trend in home title theft, in which criminals forge documents to transfer property ownership illegally. This scam involves stealing the identity of homeowners to create fraudulent documents, allowing criminals to initiate real estate transactions. Once the title is transferred, they may leverage the property's value or sell it outright, leaving homeowners unaware until it is too late. To combat this, the police recommend that homeowners regularly check their property records at the county register for any unauthorized filings or liens. Home title monitoring services are available, but individuals can perform this task for free.
Immediate reporting of any suspected fraud is crucial in preventing financial loss. This type of fraud can also extend to land parcels, emphasizing the need for vigilance. Community awareness and proactive measures can significantly reduce the risk of becoming a victim of such crimes.