Lock Up Title License For Free

Yes, fraudsters could target your home title and try to transfer it into their name. This is also called deed fraud, and while it rarely happens, it's still worth protecting yourself against this and other types of identity theft.

However, in this case, they use it to obtain the title of your property. Once they have done that, they can then change the name on the property title to their own. This allows them to take out loans that are secured against your home or even sell it.

Will a credit freeze prevent home title theft? Probably not. Your credit file and your home's title are two completely separate things. However, a credit freeze is worthwhile because it makes it more difficult for fraudsters to open loans in your name.

Here's our verdict. If you are looking for identity theft protection, Home Title Lock is going to be too simplistic for you. This service only focuses on monitoring the title to your home or property, looking for signs of potential deed fraud or title theft.

Title fraud is real, but Home Title Lock will not protect you against claims, liens or related events that challenge your ownership of your home. Home Title Lock is simply a monitoring service that can let you know when action has been taken against your title. But there are other ways to check on your title for free.

The answer is no. Title fraud is very rare, and hardly ever successful. If someone ever tries to transfer your deed without your permission or knowledge, like these title lock companies suggest could happen, the transfer is fraudulent and void from the outset.

While home title fraud is rare, it is real, and there have been victims who have unknowingly lost their homes or suffered considerable financial losses. Focus on protecting yourself, monitor your credit, and be on the lookout for any suspicious documents.