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Understanding How Home Title Fraud Happens

Identity theft accounts for more than 160 million dollars in loss stolen from Americans and it happens so often that you could be next.There are two main categories of groups that are taken advantage of when it comes to home identity theft; elderly home owners and those with multiple properties such as rentals or vacation homes.Elderly homeowners are targeted for three main reasons.

The first is that they typically have homes that have greater property values and as such, make more lucrative targets for identity thieves.

Second, they are less equipped to handle their personal data on the internet. Data powers our digital age but it also has negative side effects.Older generations did not grow up knowing the consequences of digital data, and.

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