Protect Your Property: How to Stop Real Estate Fraud Before It Happens

Real estate fraud is on the rise, and scammers are finding new ways to steal property and profit illegally. If you own land or property—especially if you live out of state or don’t check your records often—you could be a target. Understanding how fraud works and taking simple precautions can save you from financial loss and legal trouble.

How Real Estate Fraud Happens Scammers often impersonate property owners, forging documents and attempting to sell land that isn’t theirs. This fraud is especially common with vacant land and rental properties. They contact real estate agents, claim to be the rightful owner, and push for a quick cash sale. By the time the fraud is uncovered, the scammer has already taken the money and disappeared.

Signs That a Property Sale Might Be Fraudulent

• The ‘seller’ is eager to sell quickly and below market value.
• They refuse to meet in person and insist on remote communication.
• They hesitate to provide official identification or ownership documents.
• The contact information they provide doesn’t match county records.
• The notary or signatures on documents appear suspicious.

How Property Owners Can Protect Themselves

• Monitor Property Records: Regularly check your name on county property records.
• Set Up Fraud Alerts: Some counties offer property monitoring services.
• Be Wary of Unsolicited Offers: If someone reaches out to buy your land unexpectedly, verify their identity.
• Use a Title Company for Transactions: Never transfer ownership without verifying legitimacy through a trusted title company.
• Secure Your Title: Consider placing your property in an LLC or trust for added protection.

What to Do If You Suspect Fraud

• Contact your county clerk’s office to verify any recent filings.
• Report the fraud attempt to local law enforcement and real estate boards.
• Notify a title company immediately for assistance in preventing illegal transfers.

Protect your investment before it’s too late! Learn how to safeguard your property and avoid becoming a victim of real estate fraud.

Stay informed and share this with anyone who owns property—you could help prevent a scam before it happens!

For questions or more details, contact Jim Pena at 580-380-8271.