Property

Kalamazoo County Register of Deeds launches free fraud alert service for property house owners | WKZO | Every thing Kalamazoo

KALAMAZOO, MI (WKZO AM/FM) — Beginning on Monday October 3, Property Fraud Alert shall be supplied to the general public permitting them to have their identify monitored throughout the Register’s workplace as a free shopper property safety alert.

“I encourage everybody who owns land within the county to enroll in this straightforward and no-cost program that might save property house owners hundreds of {dollars} and years of aggravation,” mentioned Kalamazoo County Register of Deeds Meredith Place.

In line with statistics supplied by the FBI, property and mortgage fraud is without doubt one of the quickest rising white-collar crimes within the nation.

This system is a part of a brand new software program system being applied within the Kalamazoo County Clerk and Register of Deeds workplace.

“Property Fraud Alert acts as an early warning system for property house owners to take applicable actions ought to they decide doable fraudulent exercise has occurred,” mentioned Place.

A typical property fraud situation includes a felony submitting a bogus deed making it seem that the precise proprietor had transferred possession of a parcel to another person.  The felony then takes that deed to a financial institution, fraudulently obtains a mortgage, after which disappears with a big sum of money.

Whereas it may occur to anybody, perpetrators of property fraud typically prey on the aged and “snowbirds” who spend components of the 12 months out of city.

“The job of the Register of Deeds is to document land data, not decide whether or not the doc is legitimate.  This new service shall be invaluable in order that property house owners, or their designee, are alerted when somebody is making an attempt to mortgage their property with out their permission,” mentioned Place.

Property Fraud Alert will notify property house owners by way of telephone or e mail when a doc is recorded in Kalamazoo County freed from cost.

These fascinated by extra info and signing up for this system can go to https://www.propertyfraudalert.com/MIKalamazoo.

Content material supplied by: Niyja Bouie, Public Info Officer, Kalamazoo County Authorities

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