A client of mine recently received a very official looking letter offering a certified copy of the Deed to his property and a complete Property Profile for a processing fee of only $87.00 !!!
Nationwide scams like this have been around for several years.
The letter makes you think you must have a certified copy of your Deed in your possession. This is not true, that's why Deeds are recorded or filed - to create a permanent record of the real estate transfer.
Even if you wanted a certified copy of your deed, there is no need to overpay.
Check your closing papers, you might already have the original recorded deed in your possession, if not:
•1) You can receive a copy of your recorded Deed for a nominal fee from your County Clerk's office and for a few extra bucks they will certify it for you.
•2) When in doubt, check with your Real Estate Agent, Closing Attorney or Title Company for information about your Deed; they will know how to get a recorded copy for you.
•3) a recorded copy of your property Deed should cost you very little or nothing and while not necessary (providing it has been recorded) it's a good idea to keep it with all of your other important documents.
About the Property Profile that was offered : You should have received a Title Insurance Policy, copy of all the covenants, plat map, any surveys, tax and assessor information...you already have all of the documents from your closing, including a copy of the Mortgage Document or Deed of Trust, and a copy of your Deed, what else could be in a Property Profile?
As long as there are new buyers there will be people getting these very official looking letters.
Don't spend your hard earned money unnecessarily. ..Steer away from any company that offers to do this for you for such a large fee.
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Mary Douglas, your Mountain Broker-Associate and REALTOR®
United Country Ponderosa Realty, Red Feather Lakes, CO
www.marydouglas-redfeatherlakes.com
800-531-2195
"A Day in the Mountain will always soothe your city soul"
I specialize in the Red Feather Lakes area, Crystal Lakes and Glacier View Meadows Subdivisions, if you are interested in buying or selling your mountain home, please give me a call, I'd like to help you.
The information contained in Mary's blog is deemed reliable but is not guaranteed and the opinions and views expressed in these articles are solely those of the author.
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