When engaging in commercial real estate transactions, there are numerous factors…
Unfortunately, fraud is rampant these days. Scammers always seem to be one step ahead of the ‘good guys’ when it comes to data privacy and the more tools available to consumers to help thwart these attacks, the better.
Thankfully, Bucks County has introduced a free fraud alert system that any Bucks County resident can take advantage of. In their own words:
“If you sign up, you will receive an email from our recording vendor, LANDEX, alerting you anytime a document has been recorded in our office against your name. Businesses are also welcome to sign up for this service.”
The risk this program intends to offset is people fraudulently using your name, social security number, etc. in an attempt to open up a line of credit using your information, or many other forms of white collar crime that fall into the category of mortgage fraud.
As mentioned above, the vital piece of identifying and rooting out this type of fraudulent activity is monitoring documents as they are being recorded. Once signed up for this service, you will be alerted any time a document is recorded against your name. At this point, you can get in contact with the county and begin the process of reporting and stopping the fraudulent activity.
We urge our neighbors and friends who both reside and conduct business in Bucks County to sign up for this free and valuable service.
For more information and to sign up, visit: https://www.landex.com/recordalert/?county=bucks