A company called Property Transfer Services is sending letters to homeowners across the country encouraging them to get a copy of their property deed for only $83. Don’t bite at that offer. It’s a rip-off, and Property Transfer Services has a failing grade of “F” from the Delaware Better Business Bureau.
You can get a copy of your deed from the local courthouse for far less, the “Milwaukee Journal Sentinel” pointed out in a story about the company and the scam.
Massachusetts Attorney General Martha Coakley says residents there have gotten similar pitches from National Record Service, Proxy Data Retrieval LLC, Record Transfer Services, and Record Retrieval Department.
Chances are you already have a copy of your deed in the file of paperwork you got at the closing table. But if you don’t have it and need it, such as for a refinance, you can get a copy at the local property record office where you’ll likely pay just a few dollars in copying charges.
What’s your deed anyway? It’s the legal paper that transfers ownership of your home from the sellers to you — and when you sell, to the new owners.
Stay smart when it comes to your home and how you spend your money. Remember, I’m always here to help.
~Neil
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CBR, SRES - Licensed Real Estate Salesperson
Phone: 516.849.5895 | [email protected]
As an experienced professional Neil will do the leg work, keeping you up-to-date with new listings and the various market conditions that may impact the home purchase process. Sellers can also benefit from his skills in finance, negotiation, contractual agreements, and RE marketing. Call today and allow Neil to guide you through the complexities of buying or selling your home, eliminating hassles, and stress.
Member of:
National Association of Realtors
Long Island Board of Realtors
Multiple listing service of long Island
New York State Association of Realtors
I found the training video exetlmery helpful, Neil. I love the way I can listen to your instructions and also see what I’m supposed to be looking for when I do key word searches on my own. Thanks, also, for searching my specific town! I’m going to play around with some other areas. I’m really looking forward to spending more time on this site learning new stuff!