how prevalent is title fraud?

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how prevalent is title fraud?

2007-03-17 17:41:26 · 3 answers · asked by paula b 1 in Business & Finance ➔ Renting & Real Estate

3 answers

There is a lot of fraud in the mortgage and/or real estate industry, but title fraud isn't something you hear about often. Most title companies are owned/operated by attorneys who don't like to put their licenses at risk.

2007-03-17 18:06:45 · answer #1 · answered by Anonymous · 0⤊ 0⤋

If you have title insurance for you and the bank, you shouldn't worry about it at all. The worse that can happen is that someone buys you a new house.

2007-03-17 18:15:43 · answer #2 · answered by Anonymous · 0⤊ 0⤋

ALMOST unheard of. and all titles are insured if you buy such insurance.
I WOULD never close escrows without buying TI.

2007-03-17 18:15:02 · answer #3 · answered by kemperk 7 · 0⤊ 0⤋