to Watch Out For Scams
Give your client a free book! Email us at Marc.Cormier@PenFedRealty.com and we’ll take care of the rest!
Going through a divorce is a tough time for both parties. It leaves so many questions about what to do with the house. I wrote this book to help couples in this situation and guide them on the best ways to deal with their house. You hear so many stories about fighting, problems, and unfair distributions. Navigate a Divorced Home Situation
Imagine coming home to find that you are on someone else’s property.
The scammers picked your home to take. They did some basic internet research to find out your personal information and created fake IDs. They obtained the proper forms, forged your signature, and filed the papers with the authorities. They own your home. You have been a victim of deed fraud. Unfortunately, many homeowners do not know how to spot, let alone protect themselves from, real estate fraud. The American Bar Association highlights some of the many ways scammers can get your home out from under you, including the following listed below. ‘Saving’ You From Foreclosure Scammers say that you can transfer the title to them for a small amount of time, paying rent to them instead of to your mortgage so you can catch up. Instead, these people often sell the home once they have the title in their name, and you are still stuck paying the mortgage. The Straw-Man Scheme Essentially, a scammer gets a mortgage on a home by providing the credit history of a straw man, or a less skilled criminal. The scammer then gets the straw man to sign over the deed, which often nets the straw man some money. In the end, the straw man is often the person who gets prosecuted for this crime. Illegal House Flipping The criminals purchase a home and maybe make some minor improvements. Then, they sell the home for much more than it is worth. By the time you realize that your home’s value is way lower than what you paid, it is too late. The possibilities are endless, and scammers often leave long and complicated trails of fake information to sift through. So, how can you protect yourself against these sophisticated criminals? According to the FBI, the best thing to do is stay vigilant by regularly checking in at the county deeds office. All of the records related to homes and businesses are stored in the deeds office and are public information. By checking regularly, you can tip off the proper authorities if and when you find a forged signature or any other suspect information in your home’s file.
This will answer all those questions and more. It covers the implications of going to court over the house, dealing with uncooperative spouses, and everything else to get you through this difficult time. Don’t let a situation in which you want to sell your home quickly or cash out with your spouse as fast as possible cost you thousands of dollars. Get your free copy of the book now!
Sell Your Inherited Home and Navigate the Process
Inheriting a home from a loved one who passed away can be a very difficult situation. Unfortunately, you’ll likely be forced to make a decision about what to do with the estate and maybe make that decision with other family members. That’s why I wrote this book — to guide you through this process that can be tough on entire families. I break down the legal aspects, the best strategies, prepping the home , and even dealing with uncooperative family members.
Get a free copy, and be prepared to make the right choices after the loss of a loved one.
The materials in our newsletter are for informational purposes only and do not convey legal advice.
2 | Berkshire Hathaway HomeServices | PenFedRealty.com For more information (301) 660-6272 | Cormier64@gmail.com | Serving MD, DC, & VA
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