Here's how the deed scam works
Here’s how the scam works.
Soon after you buy your home, you receive a letter in the mail that looks like an official government document. It says “RECORDED DEED NOTICE” in big letters across the top.
It comes in an official looking envelope complete with warning labels.
Next, you get a followup call from the sender reminding you of the delivery and stressing that it needs to be opened within 72 hours or your ownership interest may be in jeopardy.
Then you remember your agent saying something about the importance of recording your deed.
And all you need to do is pay them $83 and the problem will magically disappear.
What a load of crap!
Sure, the recording of your deed is one of the most important things when you buy a home because that’s what determines who legally owns the home.
That’s why we work with the best attorneys and title companies in Nashville. Recording your deed is their number one priority.
Even the best can make mistakes, and that’s why I believe in the “Trust but Verify” method.
Sure, you can trust these folks to do a good job, but it’s in your best interest to verify that it was completed. And there are a couple of FREE ways of doing just that.
- You can visit the Register of Deeds in your county of ownership. They can help you verify that the deed was recorded and they can provide you with a copy of the deed for a small fee.
- Depending on your county of residence, some have online access to recorded deeds where you can verify from the comfort of your own home.
- Or, you can ask me for a print out from our public records database. It is updated a few times per month and shows the latest deeds recorded for every property in the area.
It’s best to check it at the Register’s office, but I would be happy to give you a print out for your home whether you bought last week or a long time ago.
Gretchen and I are here for you before, during and after the sale. Call us and let us know how we can help you.
The Daily Deal in Nashville is a 5000+ SF foreclosure on 10 acres in Franklin that needs renovation for less than $500,000.
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