Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 15 years ago on . Most recent reply

User Stats

1,906
Posts
1,397
Votes
Mitch Kronowit
  • SFR Investor
  • Orange County, CA
1,397
Votes |
1,906
Posts

Another Grant Deed scam.

Mitch Kronowit
  • SFR Investor
  • Orange County, CA
Posted

http://pictureperfectsandiego.com/2011/02/07/beware-of-forged-grant-deed-scam/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+PicturePerfectSanDiego+%28Picture+Perfect+San+Diego%29

Isn't there something more county recorders can do to prevent this type of scam? I mean you can't even change your mailing address with your credit card company without them sending a notice to your old address just to confirm you indeed changed it. Shouldn't the recording of a deed require notifying the owner of record of the change?

Some lessons from this case?

#1 - Always purchase title insurance.
#2 - Be extra cautious when the seller has only owned the property for a brief period? (flipper comments?)
#3 - Contact the previous seller to confirm the sale?

Your thoughts please.

Most Popular Reply

User Stats

597
Posts
259
Votes
Mike G.
  • Rehabber / Flipper
  • Simi Valley, CA
259
Votes |
597
Posts
Mike G.
  • Rehabber / Flipper
  • Simi Valley, CA
Replied

Wow, that's scary.

In LA county, whenever a deed gets recorded, the current owner does get mailed, but it can take a couple of weeks.

I guess if you have no previous working history with the seller, it would be a good idea to contact the previous owner to make sure the transfer was legit. Yikes.

Loading replies...