Protecting Your Home From Title Theft
Spokane Police Department warns residents of an increasing trend in home title theft, where criminals forge documents to illegally transfer property ownership. This crime involves stealing the identity of homeowners, allowing fraudsters to initiate real estate transactions and potentially sell or borrow against the property. Victims often do not realize they have been targeted until it is too late, leading to substantial financial losses and loss of their homes. Homeowners are encouraged to monitor their property titles regularly by checking with the county register for any unauthorized filings or liens. Utilizing home title monitoring services can also help.
Reporting any suspicious activity is essential to prevent further victimization. This type of fraud can extend beyond homes to include land parcels, highlighting the need for vigilance. Being proactive is vital in safeguarding one’s property from criminal activity.