Don't Let your New Glenview Home Make You a Victim of Identity Theft

By
Real Estate Agent with The Marla Schneider Team

About every 73 seconds in the United States, some form of identity theft occurs.  One such form of ID theft is real estate or loan fraud.  Don't let your biggest asset, your beautiful new Glenview home, fall victim! That's right - there is such a thing as real estate fraud.

theft,thiefDuring the home buying process, there are some specific steps that you can take to prevent ID theft.
If you fill out a mortgage quote request online, ensure that you are on a secure network.  Web addresses that begin with "http://www" are not secure sites.  On the other hand, websites that are secure begin with "https://www"  (Note: the "https" is plural).  

Real estate transactions require a lot of paperwork and signatures.  Shred any unnecessary paperwork as soon as they are no longer needed.  The paperwork you do need, keep in a home safe or off the premises of your home altogether; such as a safety deposit box.

The best way to stop real estate ID theft is to handle all of your financial transactions in person.   If you need to mail documents, use certified mail.  However, try avoid mailing and faxing personal information whenever possible.

In the process of purchasing your Glenview home, your credit will be ran numerous times.  Look at your credit report frequently and question any inquiries to your credit that do not look familiar.  You can help stop ID theft before it starts by being on top of your credit.

Sometimes in trying to purchase a home yourself, you can fall prey to a fraudster.  This is a person who takes advantage of your trust, gains your personal information and then uses it to steal your identity through your real estate transaction.   If the process seems to easy and the deal to good to be true; it may be just that.

Do not sign any documents without consulting a real estate lawyer and do not disclose any personal information without researching the seller and loan company thoroughly.  

Of course, a lot of this risk of ID theft can be alleviated just by trusting The Marla Schneider Team when buying your new home.   You can be confident knowing your personal documents are safe in office. Now, take measures to protect those documents that go home with you.  You can sleep sound in your new Glenview home knowing your personal information was handled professionally and kept safe from ID theft.

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Topic:
Home Buying
Location:
Illinois Cook County Glenview
Groups:
Chicagoland and Northern Illinois Real Estate
Illinois Real Estate
Midwest Rainers
Posts to Localism
Realtors®
Tags:
glenview real estate
glenview homes for sale
identity theft
credit report

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Rainmaker
446,004
Vickie McCartney
Maverick Realty - Owensboro, KY
Broker, Real Estate Agent Owensboro KY

Hi Marla~  You have provided some great tips to help prevent identity theft.  Most people don't think about this until it happens to them!

September 07, 2010 09:28 AM #1
Rainer
77,929
Katherine Fornale
REMAX REALTY 9 - Howell, NJ
SFR, GRI

Good tips Marla, I didn't know about the https.  Thanks for posting.

September 07, 2010 09:32 AM #2
Rainmaker
1,108,114
Jim Frimmer
HomeSmart Realty West - San Diego, CA
Realtor & CDPE, Mission Valley specialist

It's hard to believe there is so much identity theft going on, but you just can't be careful enough.

September 07, 2010 09:57 PM #3
Rainmaker
151,406
Marla Schneider
The Marla Schneider Team - Glenview, IL
Move with Marla

Thanks for your comments.  Identify theft is a growing problems, especially one that requires special vigilance when buying or selling your home.

September 12, 2010 09:00 PM #4
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Rainmaker
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Marla Schneider

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