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In Indiana, scams to illegally acquire homes and land secretly target unsuspecting victims, and people often need legal assistance to recover their assets. there is.
Deed theft or property fraud is the transfer of a home or land to another person without the permission of the true owner. The fraudster fills out a blank severance claim deed, gives the document a false certification, and files the deed with the county clerk’s office, where the sale is recorded.
Marion County Recorder Faith Kimbrough described a different tactic.
“Suppose a fraudster submits a fake real estate deed that makes it appear as if the real property owner has transferred ownership to another person. You could get a mortgage and take home thousands of dollars,” Kimbrough noted.
Thieves typically arrange for unsuspecting buyers to rent the house or obtain a home equity line of credit. Offering to help you refinance or pay overdue taxes is also a tactic used by scammers.
The FBI’s 2022 Internet Crime Report reveals that approximately 12,000 people in the United States suffered $350 million in real estate losses due to fraud.
Owners often don’t realize their property has been stolen until it’s too late. After her discovery, Kimbrough encouraged victims to contact her office immediately, review recently filed documents and hire an attorney. As a precaution, she is asking all homeowners to sign up for a free service that will immediately call, email or text a property owner if an application is submitted in their name. I’m giving advice.
“We now offer something called a property fraud alert,” Kimbrough said. “We cannot prevent it from happening. We will alert you to let you know that something like this has happened, so please call us afterwards.”
AARP warns homeowners to always check for tax, bank, and other housing-related documents sent under a different name using their address. This may be a sign that an illegal transfer has taken place. The organization recommends that if you have any doubts, consult a lawyer before signing anything and that you do not sign any document under pressure.
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