It’s unthinkable.
Houses being sold without the homeowner’s knowledge has been in the news a lot lately.
You’re probably wondering how this could even be possible. Yet it happens.
Scammers typically target houses for rent or vacant for a long period of time.
They pose as “tenants” to gain access to the home. Once they've gained access to the home they sell it by impersonating the homeowner by producing fake I.D.
Even if you're not a landlord, you need to be aware. These very sophisticated crime groups even mortgage houses without the owner's knowledge. They search titles of homes looking for small or no mortgage balances. They then attempt to put a mortgage on the house. Afterwards, they take off with the borrowed funds deposited into a fake bank account.
You can take some comfort in knowing that there are some tips to help you stay protected from this type of fraud.
Click here to find out the 3 ways you can take steps to prevent this nightmare from happening to you.