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Showing posts from October 18, 2017

Protect your property from mortgage fraud (FREE!)

By Michael H. Wasserman

When it comes to identity theft, credit card spending is only the tip of the iceberg. Not only are thieves using stolen information to go shopping on your Visa card, they are scamming medical insurance, falsifying citizenship / immigration status and travelling and using false (your) credentials. They also want to use your information to take away your home—or at least your hard earned home equity.

Recent data security breaches at Equifax  (and who-knows-what other attacks) leave us all vulnerable to these gambits. I recently offered up six steps to take to protect yourself from the Equifax breach…and today, for readers who already own or are in the process of buying real estate, I suggest one more step: property fraud alerts.

Chicago area property owners can and should sign up for FREE property fraud alerts through their local county Recorder of Deeds. These alerts will let you know if any documents affecting your property are filed in their offices, someth…