Protecting Your Home From Title Theft
The Spokane Police Department warns residents about a growing home title theft scam that exploits identity theft and forgery. Criminals create fake documents to transfer home titles to themselves, allowing them to leverage the property for loans or sales without the original owner's knowledge. Homeowners are often unaware of the theft until it is too late, leading to significant financial loss. To combat this, residents are encouraged to regularly check their property records at the county register for any unauthorized filings or liens. Home title monitoring services are available, but individuals can also perform these checks independently at no cost.
Reporting suspected fraud immediately can help mitigate losses. This type of fraud impacts not just homes but also land parcels, highlighting the need for vigilance. Being proactive can significantly reduce the risk of becoming a victim of such scams.