Bonanno Financial Advisors LLC logo

250 Osborne Road, Colonie, NY 12205

Phone: 518-438-1835

 

Website: www.bonannofinancialadvisors.com

September/October 2024

The "New" Identity Theft

The New Identity Theft

Deed theft is a type of identity theft that targets your residence, second home or other property.


How It Happens
Thieves target a potential property — often a vacation home, second home or vacant property. Criminals forge the owner’s signature on the deed and sell the home to themselves or a third party. They then use personal information found on the Internet to assume your identity or to represent you when they record the deed with the county.


They’re Not Moving In
Once thieves have the deed to your property, they can sell your home and keep the profit, cash out the equity, open a home equity line of credit, or even rent it out.


Protect Yourself
Be proactive. Check for liens against your property and pay close attention to home-related bills. When away, have someone check your property regularly and have your mail forwarded, kept at the post office or picked up.


If Something Is Amiss
Notify the register of deeds as well as law enforcement if you find evidence of deed theft or other criminal activity. Obtain a certified copy of the fraudulent document and consult an attorney.


SUBSCRIBE

Enter your Name and Email address to get
the newsletter delivered to your inbox.

Please include name of person that directed you to my online newsletter so I can thank them personally.


CONTACT US

Enter your Name, Email Address and a short message. We'll respond to you as soon as possible.

Registered Representatives offering securities and advisory services through Cetera Advisor Networks LLC, member SIPC/FINRA, a broker/dealer and Registered Investment Adviser. Cetera is under separate ownership from any other named entity.
Bonanno Financial Advisors LLC and LTM Marketing Specialists LLC are unrelated companies. This publication was prepared for the publication’s provider by LTM Client Marketing, an unrelated third party. Articles are not written or produced by the named representative.

The information and opinions contained in this web site are obtained from sources believed to be reliable, but their accuracy cannot be guaranteed. The publishers assume no responsibility for errors and omissions or for any damages resulting from the use of the published information. This web site is published with the understanding that it does not render legal, accounting, financial, or other professional advice. Whole or partial reproduction of this web site is forbidden without the written permission of the publisher.