Texas man’s retirement property in Wayne County stolen through title theft scam
Harder, now living in Texas, always planned to return to the area and build a retirement home on the 8/10 of an acre property. But in May, he received a “Notice of Sale” letter in the mail from the Wayne County Clerk.
News10NBC reached out to the attorney and realtor who represented the fake seller to find out what efforts, if any, they made to verify the identity of the person claiming to be Harder. Neither returned the calls. As for the deed to the property, right now it remains in the name of Gerber Homes and the company is hoping one of the parties has an insurance policy to cover the $35,000 it lost.
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Equity Protect acknowledges that some advertised services may exaggerate the threat of deed and title fraud. Our aim is to provide accurate information about the evolving risks of seller impersonation and deed fraud. While it is true that the overall incidence of home title theft is relatively low, certain factors can increase the likelihood of a property owner becoming a victim of seller impersonation and deed fraud. Our data suggests that while 25% of people nationwide may be at high risk for title fraud, among our premium users, 1 in 11 have faced actual fraud attempts, with all affected properties (excluding family disputes) classified as high-risk. The risk assessment offered is based on current fraud attempts, evolving tactics, and statistics from reputable sources such as the American Land Title Association (ALTA), which recently shared that 28% of title companies experiencing at least one incident of seller impersonation fraud in 2023. We strive to educate the public about genuine vulnerabilities while dispelling misconceptions. Users should be aware that while we provide valuable insights, individual circumstances may vary, and our services should be considered as part of a comprehensive approach to property protection.