Title professionals play a crucial role in ensuring the integrity and security of real estate transactions. However, the rise of seller impersonation fraud poses a significant challenge, demanding heightened vigilance and proactive measures.
Sophisticated fraudsters infiltrate the real estate market by posing as property owners, often targeting vacant or encumbered properties. They gather personal information about the rightful property owners, including Social Security numbers, driver’s license numbers, and even notary credentials.
Safeguard your transactions by staying informed. Explore ALTA’s infographic, a valuable resource highlighting red flags and precautions to prevent these kinds of scams.