How people are being cheated out of their new homes
The Decibel
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Are You a Buyer and Don't Have Title Insurance?
The buyer could actually be the worst off in this situation, and it depends on whether they have something called title insurance. If you were a buyer and didn't have title insurance and bought from a fraudster, you might be out the entire value of the home. Some people involved in this space think that when the pandemic started, housing prices just increased so rapidly,. This extremely complicated form of crime became a little bit more viable because of the sheer amount of money that people could make from it.
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