Real Estate by Debbie Reynolds: Deed Scams Are Still Very Much Alive and Real

Deed Scams Are Still Very Much Alive and Real

It has gotten to be so common that at every closing the attorneys and title companies are warning home buyers to beware of a very official looking document (it generally looks like a government envelope) arriving in the mail to the new home address just a few days after closing.

Deed copy

The scam works something like this. The letter says:

To receive a certified copy of your deed you must immediately send $85 to the address stated in this letter. You want to protect your investment and make sure you have proof of your purchase.

It sounds very official and real. The amounts may differ depending on the scammer but they are generally from $50-$100. Buyers take the bait and send the money. A few weeks later the home buyer receives a certified copy of their deed, usually right after they have received the original that was recorded at the Register of Deeds office. Now they have two, the original they got when buying the home and the copy that they could have gotten if they needed it for about $3.00 at the Register of Deeds office.

 

Since a copy is actually sent, this is not illegal but just a scam and takes advantage of unsuspecting home buyers.

This is when they know they were duped. Buyers, please don't fall for this scam. If in doubt, call the closing attorney, title company or your real estate agent to verify the authenticity of the letter before you send them money.

This information is provided by The Real Debbie Reynolds of Clarksville at 931-320-6730.

 Centruy 21 Platinum Properties2130 Wilma Rudolph Blvd.

Clarksville, TN 37040

When you need Real Estate services in Clarksville TN

                  it would be my pleasure to assist you!                             

Debbie Reynolds
"The Real Debbie Reynolds"

Check out all Clarksville TN Real Estate on My Website

                   
                   
931-771-9070 Office | 931-320-6730 Cell

Clarksville TN Homes 

                 

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Comment balloon 18 commentsDebbie Reynolds • March 18 2018 09:32PM

Comments

Debbie- I wish they could round up all of these scammers and send them off in a rocket! They contribute nothing to society

Posted by Kathy Streib, Home Stager - Palm Beach County,FL -561-914-6224 (Room Service Home Staging) 7 months ago

Hi Debbie... attorneys in Charlotte have been alerting buyers to this scam for a while now... they can get home owners a copy of the deed at no cost when asked.

Posted by Nina Hollander, Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor (Coldwell Banker Residential Brokerage | Charlotte, NC) 7 months ago

Have never clicked on the link ...but knew there was money in there somewhere !

Posted by Sally K. & David L. Hanson, WI Realtors - Luxury - Divorce (EXP Realty 414-525-0563) 7 months ago

Good morning Debbie Reynolds 

Thank you for sharing your information with us, interesting story.

Have a great day.

Posted by Anthony Acosta - ALLATLANTACONDOS.COM, Associate Broker (Harry Norman, REALTORS® ) 7 months ago

Good morning Debbie. This stuff is annoying and very very scary. Good reminder.

Posted by Sheila Anderson, The Real Estate Whisperer Who Listens 732-715-1133 (Referral Group Incorporated) 7 months ago

They do this in Florida as well, Debbie.  Most of our closing officers warn the buyers not to fall for this scam.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) 7 months ago

The amount of scams that are out there is ridiculous.  I was in a CE class recently and the teacher was talking about the wire scams, so crazy.

Posted by Brian England, MBA, GRI, REALTOR® Real Estate in East Valley AZ (Arizona Focus Realty) 7 months ago

Not something I have heard of happening around here just yet, but I can certainly see where people would fall for it if they didn't know any better.

Posted by JL Boney, III, Columbia, SC Real Estate (Coldwell Banker) 7 months ago

First time buyers think that it's like in the movies, they should have a document to hang on the wall.  After all, that's what they've seen. They are disappointed when they find there is no proof to frame. 

 

Posted by Mary Jo Quay (Remax Results) 7 months ago

Debbie if there is a way to cheat someone out of money, scammers will come up with it.

Posted by George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages) 7 months ago

Debbie, I didn't know about this scam and I am sure others did not as well. Thanks for the info.

Posted by Rebecca Gaujot, Realtor®, Lewisburg WV, the go to agent for all real estate (Vision Quest Realty, Martha Hilton, Broker) 7 months ago

Thank you very much, Debbie, for sharing this scam alert.

Consumers need to be very careful.

Posted by Roy Kelley, Roy and Dolores Kelley Photographs (Realty Group Referrals) 7 months ago

Thank you for sharing the scam alert Debbie Reynolds.  We have had a couple of others and I will add this to my to be on the look out.

Posted by Alesha A. Wilson, M.Ed., MRP, Buy and Sell with Confidence (Buy and Sell Oklahoma LLC) 7 months ago

Out closer of choice always warns buyers not to fall for this, and we remind them as well before and after settlement because there is so much going on they won't remember if they only hear it once.

Posted by Nick & Trudy Vandekar, 610-203-4543, Tredyffrin Easttown Realtors, Philly Main Line (Long & Foster Real Estate Inc 610-225-7400) 7 months ago

Hi Debbie - That is certainly something that rides under the radar but still a scam.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) 7 months ago

One more thing to watch out for. We all have to be alert all the time!

Posted by Kat Palmiotti, The House Kat (Grand Lux Realty, Monroe NY, 914-419-0270, kat@thehousekat.com) 6 months ago

A good "heads up"...have not seen that in our market....yet !

Posted by Sally K. & David L. Hanson, WI Realtors - Luxury - Divorce (EXP Realty 414-525-0563) 6 months ago

Good morning Debbie Reynolds,

I'm so glad Gabe Sanders re-blogged your post! This is indeed a scam and so unfair to those who have just purchased a home and think this is something they must do to receive their deed! Thank you..timely post!

Posted by Dorie Dillard CRS GRI ABR, Serving Buyers & Sellers in NW Austin Real Estate (Coldwell Banker United Realtors® ~ 512.346.1799) 6 months ago

Participate