In this episode of the Five Minute Real Estate Fix, Chase from the Whitney team and First Team Real Estate sheds light on the alarming 32% increase in title fraud cases in Orange County. While emphasizing that not all homeowners are affected, Chase explains the mechanics of title fraud, the legal hassles it can create, and the financial implications due to non-coverage by standard homeowner's insurance policies. He also addresses common misconceptions, such as the protection offered by occupancy and title insurance, and the vulnerabilities in electronic record systems. Chase offers practical solutions like professional monitoring services and regular personal checks through county databases. Additionally, he provides tips on maintaining proper documentation and offers complimentary title reviews through a partnership with Western Resources Title. Reach out for assistance or check out their full blog at 4realestatehelp.com.
00:00 Introduction to Title Fraud in Orange County
00:28 Understanding Title Fraud
01:12 Common Misconceptions About Title Fraud
02:05 Protecting Yourself from Title Fraud
02:57 Free Title Review Offer
03:23 Final Thoughts and Contact Information
