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$1 Billion+
Already lost due to real estate crimes.
50+
Victims of real estate crimes every day.
The Growing Threat of Real Estate Fraud
Property title fraud is on the rise across America, with devastating consequences for homeowners.
Lost to Real Estate Fraud
Americans lost over $145 million to real estate fraud in 2023 alone, according to FBI reports.
Americans Targeted
One in ten Americans have been targeted by real estate scams, with approximately 1 in 20 suffering actual financial losses.
Median Loss Per Incident
The median consumer loss in a real estate fraud incident exceeds $70,000, with some victims losing their entire property.
Why Title Fraud Is Increasing
- Digitization of property records has made them more accessible to criminals
- Rising property values create more lucrative targets for fraudsters
- Sophisticated identity theft techniques make impersonation easier
- 54% of real estate professionals encountered seller impersonation attempts in 2023
- 51.8% of real estate transactions showed indicators of wire or title fraud risk in Q4 2023
- Vacant properties and elderly homeowners are particularly vulnerable targets
The FBI Has Issued Warnings
The FBI's Boston Division recently warned of a "steady increase" in quitclaim deed fraud across New England, with thousands of victims losing millions of dollars.
"Folks across the region are having the roof pulled out from under them," the FBI Boston chief noted, describing the "significant financial and emotional toll" on victims.
Most Vulnerable Properties:
- Vacant land and second homes
- Properties owned by elderly individuals
- Homes with substantial equity
- Properties owned by LLCs or trusts
- Rental and investment properties
Real Stories, Real Consequences
Title fraud devastates lives. These are the stories of real victims who wish they had protected their property.
Brooklyn, NY
90-year-old homeowner
A 90-year-old Brooklyn homeowner was scammed into losing the deed to his house of 50+ years. He now faces eviction from the home he's owned for decades.
"It broke up the family... It took a tremendous toll on my father and myself trying to deal with this." - Victim's son
Massachusetts
1,576 victims
From 2019-2023, Massachusetts had 1,576 victims of deed fraud losing over $46 million. The FBI Boston chief noted victims suffer "a significant financial and emotional toll, including shock, anger, and even embarrassment."
"Folks across the region are having the roof pulled out from under them." - FBI Boston Division
The Devastating Impact of Title Fraud
Emotional Toll
- Loss of home and security
- Shock, anger, and embarrassment
- Stress of legal uncertainty
- Family conflict and breakdown
- Ongoing fear of recurrence
Financial Consequences
- Loss of property equity or entire home
- Legal fees to quiet title ($10,000+)
- Months or years of legal battles
- Damaged credit from fraudulent loans
- Inability to sell or refinance during dispute
Don't Wait Until It's Too Late
Unlike credit card fraud that banks quickly resolve, home title theft can jeopardize your literal home and life savings. The emotional and financial toll can last for years.
Is Your Property at Risk?
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Discover Your Property's Vulnerability
Property fraud is growing rapidly, but not all properties face the same risks. Factors like location, property type, and ownership structure can significantly impact your vulnerability level.
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"I had no idea my vacation property was at such high risk until I took the assessment. The personalized recommendations helped me take immediate action to secure my ownership rights."
— Michael R., Property Owner
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How LandLock works
Why LandLock?
Discover how LandLock's solution goes beyond what competitors offer, keeping LandLock ahead in the industry.
In pursuit of security: LandLock is ahead of the competition
Prevents title theft before it occurs | Prevents mortgage fraud before it occurs | Prevents rental scams | Attaches owner's identity to real property | Alerts owner if someone views title ◊ | Lifetime protection | One time fee †† | Protects real property owned by entities (e.g., LLC ) |
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Real estate crimes:
Annual review and growth trends exposed:
Because identity theft has been sharply increasing and will continue to increase, it's inevitable that real property theft has also been rising significantly and will continue to rise significantly.
This chart derived from a report that delves into real estate crimes, offering a detailed analysis of its occurrences and growth patterns. From fraudulent schemes to property scams and illicit activities, it uncovers the various forms of criminal behavior impacting the real estate sector.
Statistics on the growth of real estate crime 2019 - 2023
Revolutionizing the Real Estate Industry
Innovation
LandLock's patent pending method does what other companies don't do: LandLock attaches your identity to your real property so only you can sell, mortgage or rent your property.
Cost-Effective Solutions
With LandLock, you'll get protection at a relatively low price. Pay a one time fee †† and protect your property for as long as you own it.
Advanced Technology
Our cutting-edge platform utilizes advanced technology, including biometrics and real-time verification.
Proven Effectiveness
By preventing real property theft before it occurs, LandLock does much more than monitor your title.
Testimonials from real estate professionals
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FAQ
Unlocking clarity: Delve into our comprehensive FAQ repository for expert answers
By looking at the property's last recorded deed.