Partner Companies

If you receive a letter from a company claiming to be affiliated with your mortgage lender and requesting additional information for your loan, be cautious. Since you have already closed on your home, this is likely a scam. Do not provide any personal or financial information.

Deed Processing Notice

Ignore any bills claiming you owe money for a copy of your deed or property assessment profile. After a sale or transfer, property deeds are mailed to you for free. If you need an additional copy, you can order one through your county clerk’s office.

Business Imposters

Legitimate utility companies will not contact you asking for payment through money orders, cryptocurrency, or other non traceable methods. They also will not request to see your bill or account information. Always verify the email, business address, and phone number on any bill you receive. Scammers often use real company names and logos to deceive you.

Home Warranty Con

You are not required to purchase a home warranty. If you decide to get one, research reputable companies. Beware of companies claiming your home warranty is expiring or has expired and demanding payment.

Loan Scams

Be cautious of companies urging you to refinance shortly after closing. They often profit from excessive loan fees and may offer higher interest rates than you currently have. It’s best to research lenders thoroughly for a refinance instead of responding to unsolicited calls or advertisements.

This is not an exhaustive list, so contact us today for more information on how to identify real estate scams and protect yourself! 254-965-7775

Original Blog: https://www.texasrealestate.com/members/posts/5-scams-targeting-new-homeowners/?utm_medium=email&_hsenc=p2ANqtz-_YQOVmxDE37g8OIbzBbjWLR7VwvLSvO-uNxiA_2E5msmkMx35M24i9pvSWlS5T0ciMXcSuy5nqFuVGazWBcDUU7hBraQ&_hsmi=314197259&utm_content=314197259&utm_source=hs_email