By Lisa A. Tyler
National Escrow Administrator
Property theft from absentee-owners continues to be a problem. The syndicates attempting to commit this crime learn from each success and failure, then modify their scheme. They have learned the title industry’s best defense in thwarting this crime is the notary. Settlement agents who have honored an imposter’s demands to use their own notary, find out later that the seller is an imposter.
It is important to verify a signer did appear in front of the notary who notarized the documents.
Efaxing can be just as risky as sending an email. Depending