The Company “Local Records Office” in Norwalk, CA Questions Scam Deed and Title Letters
The company Local Records Office located at 2202 S. Figueroa St., #406, Los Angeles, CA 90007 is a company that produces property title reports for the modern homeowner. If the production of property reports is new to you, you are not alone.
The property title inspection report is a useful tool that helps renters know in-depth details about a property that he or she is planning to buy. This report may include a variety of data:
- Property details
- Current ownership
- Student-to-faculty ratio
- Summary of records
- Property value
- Foreclosure details
- Sales records
- Population data
- Land information
- County recording range
- Criminal activity
- Title transfer
- Neighborhood Statistics
- Finance and mortgage records
- Educational opportunities
- Releases
- Property History
- Real value
- Copy of the deed
However, it is important that you keep educating yourself about the new recourses that are out there for the public. To keep it simple and straightforward the property report outlines a broad range of real estate asset information.
Why Would Anyone Need a Report from the Company “Local Records Office”?
Each report addresses one specific address, implementing information regarding property history, transaction details, a paper copy of the deed, and the demographics of the surrounding neighborhood.
These types of reports are important for homeowners who are thinking of selling or refinancing the house and let’s not forget about those who simply want to know how much their property is worth and why it’s worth a certain amount.
Copy of the Deed
A copy of the deed is important for many reasons. The deed might only have one name, identity theft, deed fraud, and property scams.
Name on the Title: It’s important to know who’s on the deed since mistakes can be made and other times only one owner might be listed where there might be multiple owners. If fraud is committed by either the grantor or grantee, a title can be declared void or invalid. For example, a title that is a forgery is completely ineffective.
Identity Theft: With the growing use of the internet identity theft is on the rise, FAST. Identity theft is one of the top crimes in the United States. The majority of the victims are senior citizens and the disabled. In the last year cases filed a report to the FTC have doubled in the last year as cybercriminals took advantage of increased filing for government relief benefits due to the COVID-19 pandemic.
Deed Fraud: Deed fraud can be done in many different ways, the majority of the time the scammer will use fake documentation to impersonate the homeowner to sell the property. The victim will almost never know until the sheriff comes knocking at the door asking them to leave.
Property Scam: A property scam is similar to a deed scam but the crook usually uses a vacant house to rent it or sell it.
The Local Records Office uses up-to-date information obtained with the help of the local county office in the area where the service is requested. Multiple sources will be used and combined afterward to create a property history report for a small $89 service fee.
Due to the COVID-19 pandemic, online fraud and identity theft has been on the rise. A large number of victims have been homeowners who are struggling to make mortgage payments. The Federal Housing Finance Agency created a program to help homeowners who are unable to pay their mortgage payments. Even with the help of the FHFA homeowners are struggling and scammers know it. Property owners are desperate to keep their homes so they will easily fall for loans that are too good to be true.
Local Records Office usually sends out letters to new homebuyers to inform them about the service, homeowners will never be charged or billed.
Address: 2202 S. Figueroa St., #406, Los Angeles, CA 90007
Phone number: 1(800) 790–0721
Hours of business: Monday to Friday 8:00 am to 5:00 pm (closed weekends and holidays)
