Tag: Real Estate Security
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Here Comes the First AI-Powered, Fraud-Busting Notarization Platform
The notarization company ProofSM has launched an artificial intelligence (AI)-powered fraud detection tool. It’s called Defend. Proof is a service mark of Notarize, a leader in remote online notarization. Proof points to the $80+ billion in annual losses in the U.S. on account of identity theft, document manipulation, wire fraud, and forged signatures. The company…
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Ahoy There, Matey! Look Out for the Title Pirates
We all know about porch pirates… but look out for title pirates. They’ll take your whole porch. Title piracy is deed fraud. It happens when someone uses a deed to deliberately take over someone else’s real estate. It’s an unusual crime, but according to the National Association of REALTORS® (which cites FBI figures), it’s been…
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Texas Warranty Deed Forgery Plot Thickens
More Houston-area deed fraud victims are speaking out. The alleged perpetrator has already been charged with a first-degree felony of forgery, fraudulent document execution, and theft greater than $300,000, in connection with warranty deeds worth some $15 million. He would forge property owners’ signatures. Then he’d go buy their properties at a deep discount. Investigators…
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Stay Informed with Snohomish County’s Recorded Document Notification System
Snohomish County Washington is now offering a valuable service for property owners – the Recorded Document Notification System. This free, voluntary system is designed to alert you whenever a document containing your name or tax parcel number is officially recorded.
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Heirs, Protect the Seniors in Your Life From Deed Theft
A 91-year-old Floridian recently sent a payment to his insurer. Then the agent called to say the company wouldn’t be able to renew the homeowner’s policy. The deed had been transferred. The home was now legally owned by another person. Some days later, from his bedroom, this shocked and disoriented senior heard three people come…
