Real Estate News – 02/22/07

DEED SCAM

Be aware and save yourself some money.  Some companies pressure homebuyers into purchasing a certified copy of their property deed and charging them as much as $100, according to Consumer Reports.

If you need a copy of your property deed, you can always either go to your local county’s clerk of courts office or if they have a web site.  You can search the public records and make a copy of the deed.   Just as a reminder, always keep the recorded deed as well as your owner’s title insurance policy in a safe place – one suggestion is your safe deposit box at your local bank.

Comments

  1. It’s especially important to keep your owner title policy in a safe place. Title underwriters have no good way of tracking policies or searching records for their insured. Unless you provide proof of insurance, a claim is hard to file.

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