Property Fraud Alert is a free online subscription service offered to the public that allows them to have their name monitored within the Allen County Register of Deeds office in order to track possible fraudulent recordings that affect their property.
The threat of mortgage fraud and identity theft crimes continue to rise, and all too often victims of these types of fraudulent activities are unaware their homes or identity have been stolen. While Property Fraud Alert does not prevent fraud from happening; it provides an early warning system for property owners to take appropriate actions should they determine possible fraudulent activity has taken place.
A common property fraud scenario involves a criminal filing a bogus deed making it appear that the actual owner had transferred ownership of a parcel to someone else. The criminal then takes that deed to a bank, fraudulently obtains a mortgage and then disappears with a large amount of money. While it can happen to anyone, perpetrators of property fraud often prey on the elderly, people in long term care facilities, absentee property owners and owners who spend large parts of the year out of town.
With Property Fraud Alert, subscribers will be notified when the name they have submitted is used in any recording activities within the Register of Deeds office. When subscribing to the service, the subscriber will have the option to choose one of the following notification methods; email or telephone call.
The best protection against property fraud is being proactive.
Property Fraud Alert is now available by subscription on the web https://www.propertyfraudalert.com/ or by calling 800-728-3858.
