Deed Scams Are Still Very Much Alive and Real

Reblogger Roy Kelley
Education & Training with Realty Group Referrals 16766

This is an important alert to share with home buyers.

Original content by Debbie Reynolds TN Broker: 208698

It has gotten to be so common that at every closing the attorneys and title companies are warning home buyers to beware of a very official looking document (it generally looks like a government envelope) arriving in the mail to the new home address just a few days after closing.

Deed copy

The scam works something like this. The letter says:

To receive a certified copy of your deed you must immediately send $85 to the address stated in this letter. You want to protect your investment and make sure you have proof of your purchase.

It sounds very official and real. The amounts may differ depending on the scammer but they are generally from $50-$100. Buyers take the bait and send the money. A few weeks later the home buyer receives a certified copy of their deed, usually right after they have received the original that was recorded at the Register of Deeds office. Now they have two, the original they got when buying the home and the copy that they could have gotten if they needed it for about $3.00 at the Register of Deeds office.

 

Since a copy is actually sent, this is not illegal but just a scam and takes advantage of unsuspecting home buyers.

This is when they know they were duped. Buyers, please don't fall for this scam. If in doubt, call the closing attorney, title company or your real estate agent to verify the authenticity of the letter before you send them money.

This information is provided by The Real Debbie Reynolds of Clarksville at 931-320-6730.

 Centruy 21 Platinum Properties2130 Wilma Rudolph Blvd.

Clarksville, TN 37040

When you need Real Estate services in Clarksville TN

                  it would be my pleasure to assist you!                             

Debbie Reynolds
"The Real Debbie Reynolds"

Check out all Clarksville TN Real Estate on My Website

                   
                   
931-771-9070 Office | 931-320-6730 Cell

Clarksville TN Homes 

                 

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Rainmaker
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thank you for reblogging the post. I will share it with others

May 21, 2018 03:12 AM #1
Rainmaker
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

An especially good choice for a re-blog, Roy.  We need to spread the word so that people won't be taken in by this scam.

May 21, 2018 04:01 AM #2
Rainmaker
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Please be sure to leave comments at the original blog by Debbie Reynolds

May 21, 2018 04:38 AM #3
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Rainmaker
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Roy Kelley

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