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Title fraud, also known as deed fraud, is a growing concern for homeowners, real estate investors, and seniors. The recent case of Dawn Mangum in Wake County highlights the vulnerabilities in property records systems and emphasizes the importance of staying vigilant. Let’s break down what happened, the legislative response, and how you can protect your property from real estate scams.
What Happened in Wake County?
The Crime: Dawn Mangum was arrested after allegedly filing a fraudulent deed for Craig Adams’ home, attempting to claim it as her own.
The Motivation: It is believed Mangum targeted the property, thinking it was a vacant foreclosure, and planned to use the fraudulent deed to complicate eviction proceedings.
The Aftermath: Despite being charged, Mangum continued interacting with the Wake County Register of Deeds, attempting to file more questionable documents, all of which were rejected due to technical issues or suspicious signatures.
Why This Case Matters
The Mangum case highlights several key issues:
Ease of Filing Fraudulent Documents: Current laws require Register of Deeds offices to record any deed that appears valid on its face.
Emotional Toll on Clerks: Staff members involved in processing fraudulent deeds often feel personally responsible despite following all legal procedures.
Lack of Legal Recourse: Homeowners like Craig Adams must pay out of pocket to clear fraudulent claims on their property—a process that can be expensive and time-consuming.
Proposed Legislative Reforms
Efforts are underway to address these issues and enhance title fraud prevention. Key proposals include:
Automatic Fraud Alerts: Enrolling property owners in fraud alert systems statewide, with an option to opt out.
Enhanced Notary Tracking: Assigning unique numbers or barcodes to notary stamps for better traceability.
Streamlined Document Removal: Making it easier and less costly to remove fraudulent filings from property records.
Stiffer Penalties: Introducing harsher criminal penalties for individuals committing deed fraud.
Protecting Yourself Against Title Fraud
Whether you’re a homeowner, real estate investor, or senior, taking proactive steps to safeguard your property is essential. Here’s how:
Monitor Your Property Records
Regularly check your property records for unauthorized changes.
Sign up for property fraud alerts if your local Register of Deeds offers them.
Be Cautious with Documents
Only use trusted professionals when transferring property or handling deeds.
Verify the credentials of notaries and title companies you work with.
Invest in Title Insurance
Consider purchasing title insurance to cover legal expenses if you face a title fraud issue.
Educate Yourself
Stay informed about real estate scams and learn to recognize red flags, such as unsolicited offers to transfer your property.
Why Choose Title Fraud Defender?
At Title Fraud Defender, we specialize in protecting homeowners, real estate investors, and seniors from the devastating effects of title fraud. Our services include:
Fraud Monitoring: Comprehensive alerts for unauthorized activity on your property.
Education: Resources to help you understand and combat real estate scams.
Support: Assistance in navigating the legal and administrative processes involved in resolving title fraud issues.
Stay Vigilant, Stay Protected
Title fraud is a serious threat, but with awareness and the right tools, you can safeguard your property and financial future. Contact Title Fraud Defender today to learn how we can help protect what matters most to you.
For more information on title fraud prevention and homeowner protection, visit our website at Title Fraud Defender.
Original article: https://www.wral.com/news/local/deed-fraud-suspect-wake-co-register-again-nov-2024/
