I would say close to 90% of my sellers are going to be buyers after they sell, and I would say they all need a loan in order to get that new home. But, did you know that you may be putting yourself at risk of identity theft during this process of selling your home and getting the new loan?

I know it doesn't seem possible, but it is the little things that sellers don't think about when they are selling their home that put them at the most risk. I went over to one of my listings to show it, and what did I see on the counter? All their taxes from the past 3 years, pay stubs, and everything I could have possibly needed to steal their identity.

Now, had a buyer walking through with another agent seen this, they easily could have picked it up, slide it into their jacket, and no one would have ever known it was gone until it was too late!

So, if you have your home for sale, please lock up your financial information, it maybe even more valuable to a thief than jewelry.

For more information on selling your home in Washington County, Oregon, please contact me anytime, I would love to sit down and talk with you.



Todd Clark - broker
Kastings & Associates
Phone: (503)524-9494
Fax: (503)622-8739

Photo courtesy of brokenarts

 
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15 Comments on Don’t lose your identity while selling your home

JUN
11
2008

Great hint.  Something I am sure most people dont consider doing.

10:09am • #1
150,446 Points 19 Featured Posts Localism Sponsor Outside Blog Hit Router

I have this conversation with all of my sellers.  Put your stuff away.  Not only are you tidying up, but you are protecting yourself in the process.  I can't tell you how many times I have shown houses and people just leave money and credit cards laying on their dressers and counter tops in plain sight!!

You can never be too careful these days!!

10:11am • #2
420,773 Points 36 Featured Posts Outside Blog

TC: I just checked that fingerprint...I believe it belongs to Bill Gates!!! LOL Thanks,   Fran

10:41am • #3
638,165 Points 108 Featured Posts Localism Sponsor Outside Blog

Todd - This is an excellent point!  I have shown homes that had a lot of vital info sitting out in the open - contract on the next home, loan docs, etc.

10:46am • #4

Yes But so many dont do this. I recommend a storage building to all of my occupied property's if it is being shown. Clutter ,heirlooms and records should be places there for safety.

10:57am • #5
1 Featured Post

Great post! For their safety and privacy we always tell our sellers to put it all away.

When we have taken our buyers into homes there have been bills, bank statements, loan docs, fine jewelry, police records and more just sitting out there for anyone to see.

 

11:37am • #6
2 Featured Posts

Todd- Very good tip! Most people think about cash, jewelery, credit cards....but paper work could be overlooked. Thanks!

1:21pm • #7
666,356 Points 72 Featured Posts Localism Sponsor Outside Blog

Todd, a lot of agents need a reminder to keep their sellers' information under lock and key.  And you're so right to advise people to be carerul with personal papers.

1:55pm • #8
457,407 Points 1 Featured Post Outside Blog Hit Router

Todd

What a horrible thought; glad you were on top of it.

Regards

Tom Braatz

5:30pm • #9
110,262 Points

Todd, this is excellent advice! I don't know how many times I've had to tell my sellers to put their jewelry away.

6:53pm • #10
186,205 Points Localism Sponsor Outside Blog Hit Router

People for the most part are very trusting. I would second guess someone that was too tight in personal security. You know the type that double lock the doors behind them with double dead bolt locks?

We can never be too assured when it come to our documents and valuables.

People generally trust people...

7:02pm • #11
567,933 Points 59 Featured Posts Outside Blog

Todd, a very good reminder for all of us to safeguard sensitive information about our personal and financial lives.

9:08pm • #12
3 Featured Posts

Good advice Todd.  I am constantly amazed at what I find lying around when I look at homes.  I've even seen credit cards sitting out on the counter.  I don't know about you -but I generally don't leave those kinds of things just lying around.

11:41pm • #13
JUN
12
2008

We remind our sellers to hide, pain pills, check books and anything else that is expensive or cannot be replaced.  Not to long ago there was a woman posing as a buyer going to houses with buyers agents and stealing pain pills. 

10:33am • #14
APR
30
Hit Router

Great posts by everyone.  Simple reminders, yet so important.  Thank you

6:14am • #15

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Todd Clark (Broker) (503)524-9494 (Beaverton, Oregon Real Estate Expert)

Beaverton, OR

More about me…

Palazzo Realty Group

Address: Beaverton, Tigard, Aloha, Hillsboro, Tualatin, Portland, Oregon City, Sherwood, Lake Oswego, Gresham, West Linn, OR

Office Phone: (503) 524-9494

Cell Phone: (503) 524-9494

Email Me

Helping Families Home is a blog set up to teach you to invest your money and maximize your profits in Real Estate. Starting with your first home all the way to your 150th investment property. Creating wealth through real estate is the best way to financial freedom.


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