BEWARE, fraudsters are creating entities with names very similar to real title agencies or law firms, and are holding themselves out to be agencies or attorneys appointed with various underwriters. The Fraudsters create commitments, policies and other documents through creative word processing, cut and paste, and other methods that appear, on first glance, to be documents from the underwriter. They use these documents to induce their victims into funding transactions the fraudsters have engineered.
In order to avoid from becoming a victim of the fraudsters, you need to be extra vigilant in dealing with any title agency or law firm, especially if dealing with them for the first time. Here are some steps you should follow:
1. Be alert to discrepancies or inconsistencies in any document you are provided.
2. Check with the underwriter before relying on any CPL, Commitment or Policy issued by an agent or agency you are unfamiliar with.
3. Check to verify the status and underwriters of a licensed title agency, and to verify that an attorney is licensed to practice law in Florida.
At Boyer Law Firm, we have licensed Florida attorneys working diligently on your closings. We have a licensed title agency and use a well-known reliable underwriter. If you have any questions or concerns, please do not hesitate to contact us.
