Phone

Homeowner In South Florida Facing Real Estate Deed Fraud

Call Now Email12
Florida's Business Law Firm
Fort Lauderdale Phone954-767-9662

Homeowner In South Florida Facing Real Estate Deed Fraud

Business Disputes In Miami

Is it possible for someone who doesn’t know you or vice versa to sell your house to someone else? Such a situation sounds like it could never happen, but it’s a frightening reality for one woman in South Florida. Here’s what you should understand about deed fraud in real estate, how it occurs, and how to avoid it.

The Dispute 

Homeowner Shirley Gibson was taken aback when she learned that her home had been posted on Zillow for sale and had been successfully bought for $230,000 by an unwitting bidder. An Aventura, FL title company says it was scammed for the above amount and unfortunately,  Gibson’s property is now unlawfully on the market again. Gibson has put up a “Not For Sale” sign to hopefully deter would-be buyers. Although it’s not likely that Gibson would be forced out of her home, the upcoming legal battle to clear the title will be costly. 

Deed Fraud 101 

Real estate deed fraud is a type of identity theft that is generally less frequently heard of than other types of identity theft and fraud. Deed fraud, also known as property title theft, occurs when someone uses your identifying information as their own and forges your signature on a property title. 

Deed fraud is commonly attempted after a landowner has passed away. Scammers will research the newspaper obituaries for property owners who have died and left their homes vulnerable to deed theft. This type of fraud happens often with abandoned houses and vacation houses, yet fraudsters may still target properties that are in use, like scammers did to Shirley Gibson. These thieves may try to reside in the house or swiftly sell it to get the cash before they get caught.

How a Real Estate Litigation Attorney Can in South Florida Can Assist You 

If you or a loved one have been victimized by real estate deed fraud, you have legal options that can help you prevent someone else from claiming ownership of your home. These lawsuits can be challenging though, and generally require the assistance of an experienced real estate litigation lawyer.

At Feinstein Real Estate Litigation & Business Law, we can help you understand your rights and determine which legal avenues are appropriate for you. If settlement efforts are unable to resolve the matter, we’ll fight for you in court and our legal team will fervently advocate for the most favorable outcome possible.

By : admin | June 23, 2021 | Uncategorized