Is Home title lock a legitimate company?
It claims to protect the homeowner against title fraud but it's not insurance of any kind. It does not protect you in any way from a scammer fraudulently transferring your title. ... Title Lock claims to protect you against this, but it's not a legitimate representation of what it actually does at all.
What is title lock protection?
A home title lock is a subscription service that helps protect you from things that may impact your home's title, offering an early indication of mortgage fraud, among other potential threats. You'll often pay monthly or you can opt to pay for a year upfront.
How much does Hometitlelock com cost?
Home Title Lock is one of the services that says it will monitor your home's deed 24/7 to prevent title fraud; it costs $15 a month ($150 annually, two years for $298). But you can protect yourself—for free—by periodically checking your property record on the website of your county's register of deeds.
Is title theft a real thing?
Home title theft is real. The FBI has identified situations in major American cities – Chicago, Dallas, Detroit, Los Angeles, New York City and Philadelphia – where home titles are being stolen. As identity theft is on the rise, more thieves are forging titles and stealing people's property.
Is Hometitlelock com legitimate?
It claims to protect the homeowner against title fraud but it's not insurance of any kind. It does not protect you in any way from a scammer fraudulently transferring your title. It is more of a deed monitoring service that periodically checks in to see if your title has been transferred OUT of your name.
Is title and mortgage theft real?
Home title theft is real. The FBI has identified situations in major American cities – Chicago, Dallas, Detroit, Los Angeles, New York City and Philadelphia – where home titles are being stolen. As identity theft is on the rise, more thieves are forging titles and stealing people's property.