Protect Title Release For Free

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.

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.

Once a scammer has their name and personal details, they can obtain forms that transfer property, fill them out with the stolen information, and then transfer the deed. The scammer will become the new "property owner," and can go ahead and sell the property to an unsuspecting buyer.

Secondly, by purchasing title insurance, you can rest easy knowing that your interest in your property is protected against unknown liens or encumbrances that are covered under the title insurance policy ? things that could otherwise affect your ability to sell or refinance the property in the future.

?Home Title Lock is a scam, plain and simple,? said San Francisco City Attorney Chiu. ?The company has manufactured a ?home title theft? crisis to stir up fear amongst elderly homeowners and deceive them into buying a service that many local governments provide for free.

How To Prevent Home Title Theft Keep Track Of All Bills And Homeowner Mail. ... Check Your Credit Report Routinely. ... Get Title Insurance. ... Stay Educated On Common Scams.

You may want to add an extra layer of defense to your property deed by buying an owner's title insurance policy. This service locks your home title, which gives you greater protection against deed fraud. It might even cover any costs involved if you are targeted.