
Home Security
5 tips to prevent home title theft
When talking about home theft, one usually pictures a burglar breaking in and stealing their possessions. However, people could also lose their homes in other ways, such as title theft. It happens when someone illegally steals a homeowner’s identity and transfers the house title to their name. This type of fraud often goes unnoticed and hence needs close attention. Below are a few helpful tips to protect against title theft. Keep track of the mail People involved in title theft sometimes change the address of a home. Consequently, the homeowner stops receiving essential documents like utility bills and bank statements. If regularly delivered documents suddenly stop coming, it could be a sign of title theft. In such a situation, one must first speak to the mail department to check if the mail is lost. If that isn’t the case, the individual can schedule an appointment with the appropriate agency to investigate further. Monitor credit reports Everyone is entitled to receive a free credit report from their respective credit reporting agency once a year. Individuals must review this report carefully to ensure no unauthorized charges are deducted from their accounts. One should also rule out suspicious activities and ensure no new accounts are opened under their name.