As new types of real estate fraud continually surface, there is a growing need for taking proactive measures to ensure the protection of your customers. One particularly insidious form of deception that has grown this year is targeting vacant lots, with as many as 56% of title companies experiencing this new type of fraud in the past six months. In this blog, we recap our recent discussion with Tyler Adams about the latest additions to the unfortunate list of scams – seller impersonation fraud.
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How to Spot Seller Impersonation Fraud
