ForexEzy
No Result
View All Result
  • Top Forex Advisors
    • Best Forex Robots
    • Best Forex Signals
    • Best Managed Accounts
  • Top Forex Brokers
    • Best Forex Brokers
    • US Forex Brokers
    • UK Forex Brokers
    • MT4 Forex Brokers
    • MT5 Forex Brokers
    • Zero Spread Brokers
    • Best PayPal Brokers
    • TradingView Brokers
    • Social Trading Platforms
  • Getting Started
  • Forex Education
    • Forex Basics
    • Forex Trading Strategies
    • Money Management
    • Risk Management
    • Technical Analysis
    • Fundamental Analysis
    • Trading Psychology
    • Social Trading
    • Automated Trading
  • Forex Tools
    • Forex Robots
    • Forex Indicators
    • Forex Signals
    • Forex VPS
  • Forex Forecast
  • Crypto
    • Best Crypto Exchanges
    • Best Crypto Bots
    • Crypto Guides & Forecasts
  • Top Forex Advisors
    • Best Forex Robots
    • Best Forex Signals
    • Best Managed Accounts
  • Top Forex Brokers
    • Best Forex Brokers
    • US Forex Brokers
    • UK Forex Brokers
    • MT4 Forex Brokers
    • MT5 Forex Brokers
    • Zero Spread Brokers
    • Best PayPal Brokers
    • TradingView Brokers
    • Social Trading Platforms
  • Getting Started
  • Forex Education
    • Forex Basics
    • Forex Trading Strategies
    • Money Management
    • Risk Management
    • Technical Analysis
    • Fundamental Analysis
    • Trading Psychology
    • Social Trading
    • Automated Trading
  • Forex Tools
    • Forex Robots
    • Forex Indicators
    • Forex Signals
    • Forex VPS
  • Forex Forecast
  • Crypto
    • Best Crypto Exchanges
    • Best Crypto Bots
    • Crypto Guides & Forecasts
No Result
View All Result
ForexEzy
No Result
View All Result
The World’s Leading Social Trading Platform
Try now
Home News

Protect Your Homeownership: Safeguard Your Identity and Assets

by Administrator Forexezy
September 15, 2023
in News
0
0
SHARES
11
VIEWS
Share on FacebookShare on Twitter

As homeowners celebrate the final payment of their mortgage, it is essential to remain vigilant in protecting one’s identity and assets. Unfortunately, paying off a mortgage can expose individuals to various scams and theft associated with their home. It is crucial to understand the risks and take appropriate measures to safeguard oneself from potential threats.

The Best Forex Robots Report Is Already Here!
best forex robots
Check out 30+ best expert advisors with daily updated live results and statistics
Click Here

Title Theft: A Real Concern

One form of theft that individuals need to be aware of is title theft. This deceptive practice involves transferring a house deed from the rightful owner to another person’s name using confidential personal information. Additionally, thieves may also exploit the equity in a home by opening a home equity line of credit (HELOC). Unscrupulous individuals might even go as far as selling or renting out an unoccupied property.

Title theft is not widespread, but it does occur, emphasizing the importance of protecting personal information and identity. Older Americans, especially those with substantial home equity, may face a higher risk. In fact, in 2021 alone, the FBI reported over 11,500 individuals who fell victim to real estate scams, resulting in a staggering loss of more than $350 million. It is important to note that this figure encompasses fraud related to real estate advertisements and rental agreements as well.

Stay Proactive and Shield Yourself

To prevent becoming a victim of title theft or any other fraudulent activities related to homeownership, it is crucial to take proactive steps to safeguard personal information and assets. Here are some precautionary measures worth considering:

By implementing these measures and remaining vigilant, homeowners can minimize the risk of falling victim to title theft and other scams associated with their valuable assets.

While the prospect of paying off a mortgage brings a sense of accomplishment and relief, it is essential not to overlook the potential risks. Safeguarding your identity and assets should remain a top priority, ensuring a secure homeownership experience for years to come.

Protecting Your Home Title: Key Considerations

As a homeowner, it is crucial to safeguard your property against potential title theft and fraud. The FBI advises homeowners to stay vigilant and regularly verify their information with the county deeds office. Additionally, it is important to carefully review any mail received from mortgage lenders to ensure it pertains to your specific property.

In the unfortunate event of falling victim to title theft, taking immediate action is vital. Start by opening an identity-theft case with the Federal Trade Commission and informing your creditors about the fraudulent activity. Moreover, thoroughly examine your title insurance, which not only safeguards your rights as a homeowner but is commonly required by mortgage companies for homebuyers, according to Quicken Loans.

While some companies offer title-protection services, critics argue that these services differ from title insurance. They primarily serve as alert systems, notifying homeowners of a problem after it has already occurred. The Maryland Attorney General’s office cautions against relying solely on such services, emphasizing that title fraud is extremely rare and rarely successful. They assert that if anyone attempts to transfer your property’s deed without your consent or knowledge, as suggested by title lock companies, the transfer is fraudulent and invalid from the start.

Rather than depending solely on title-protection services, the Maryland Attorney General’s office recommends homeowners to actively monitor their identity and regularly check their credit scores. By doing so, homeowners can promptly identify any suspicious activity and protect their interests effectively.

Remember – safeguarding your home title should be a proactive effort combined with staying informed and regularly monitoring your personal information.

The Best Forex Robots Report Is Already Here!
best forex robots
Check out 30+ best expert advisors with daily updated live results and statistics
Click Here
Tags: Asset ProtectionHomeownershipIdentity TheftReal Estate ScamsTitle Theft
ShareTweet
Previous Post

Virtu Financial: Executives Purchase Shares Amid Regulatory Lawsuit

Next Post

The Numbers

Related Posts

Stocks in Toronto Fall on Lower Consumer Confidence Results

by Administrator Forexezy
September 26, 2023
0

By Adriano Marchese Stocks in Toronto were in the red at midday on Tuesday, following the trend of U.S. indexes,...

U.S. Home Prices Rise Amid Supply Shortage

by Administrator Forexezy
September 26, 2023
0

Overview In July, U.S. home prices continued to rise as the housing market grappled with a shortage of available listings....

Safestay Reports Widening Loss but Sees Revenue Growth and Positive Outlook

by Administrator Forexezy
September 26, 2023
0

Safestay, the U.K.-based owner and operator of contemporary hostels, has reported a wider pretax loss for the first half of...

Vaccitech’s Blockbuster Drug Prospects Drive Soaring Shares

by Administrator Forexezy
September 25, 2023
0

Shares of Vaccitech experienced a significant increase, more than doubling to $3.53 on Monday. This surge came after Alliance Global...

Scynexis Faces Recall and Study Hold

by Administrator Forexezy
September 25, 2023
0

Jersey City-based biotechnology company, Scynexis, experienced a significant decline in its shares, dropping over 30% on Monday. The setback was...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Best Forex Automated Systems

  • TechBerry 9/10
  • Happy Galaxy 8.5/10
  • Forex Cyborg 8.5/10
  • Forex Fury 8/10
  • FXgoodway 7.5/10
  • Best Forex Brokers
  • Best Forex Robots
  • Best Forex Signals
  • Best Forex Managed Accounts

Top Trading Markets

We are dedicated to demystify the world of forex trading for you – no matter what level you are on.

Categories
  • Automated Trading
  • Crypto Robot Review
  • Cryptocurrency Trading
  • Day Trading
  • Forex Basics
  • Forex Brokers
  • Forex Education
  • Forex Forecasts
  • Forex Indicators
  • Forex Market Commentary
  • Forex Robots
  • Forex Signals
  • Forex Signals
  • Forex Tools
  • Forex Trading Strategies
  • Forex VPS
  • Fundamental Analysis
  • Managed Accounts
  • Money Management
  • News
  • Review
  • Risk Management
  • Social Trading
  • Technical Analysis
  • Top World Traders
  • Trading Apps
  • Trading Psychology
  • Uncategorized
Tags
Acquisition Amazon Artificial Intelligence Bitcoin bond yields CEO China earnings earnings report economy Federal Reserve financial performance Financial Results forex ea Forex Indicators forex software reviews Growth Housing Market inflation interest rates investment Investment Opportunities Investors Market Volatility merger net profit Q2 earnings Q2 Results revenue Revenue Growth Sales sales growth Shares stock decline Stock Futures stock market stock performance stock prices Stocks strategies technology tips & tricks trading bots U.S. dollar Video
  • Terms of Use
  • Privacy Policy
  • Compensation Disclosure
  • Risk Disclosure
  • About Us
  • Contact Us

Copyright © 2023 by ForexEzy.com

No Result
View All Result
  • Top Forex Advisors
    • Best Forex Robots
    • Best Forex Signals
    • Best Managed Accounts
  • Top Forex Brokers
    • Best Forex Brokers
    • US Forex Brokers
    • UK Forex Brokers
    • MT4 Forex Brokers
    • MT5 Forex Brokers
    • Zero Spread Brokers
    • Best PayPal Brokers
    • TradingView Brokers
    • Social Trading Platforms
  • Getting Started
  • Forex Education
    • Forex Basics
    • Forex Trading Strategies
    • Money Management
    • Risk Management
    • Technical Analysis
    • Fundamental Analysis
    • Trading Psychology
    • Social Trading
    • Automated Trading
  • Forex Tools
    • Forex Robots
    • Forex Indicators
    • Forex Signals
    • Forex VPS
  • Forex Forecast
  • Crypto
    • Best Crypto Exchanges
    • Best Crypto Bots
    • Crypto Guides & Forecasts

© 2023, Forexezy. {copy} {year}