Protecting Your Home From Title Theft
The Spokane Police Department has issued a warning about a concerning trend in home title theft, where criminals forge documents to illegally transfer property ownership. This scam not only targets homes but also land parcels, and victims often do not realize they have been defrauded until it is too late. To combat this, homeowners can monitor their property titles by regularly checking the county register for any unauthorized filings or liens. Services for home title monitoring are available, but residents can also conduct checks independently at no cost. Reporting suspected fraud immediately is vital for recovery and prevention.
The potential financial losses from such scams can be significant, as criminals may borrow against or sell the stolen property. This issue highlights the importance of community vigilance in safeguarding property rights. By staying informed and proactive, residents can better protect themselves against this type of fraud.