Lex Newcomb

The advertising is bogus. Our conservative talk host are peddling snake oil to get rich. Com'on man! : What is this TITLE LOCK thing all about? A: It’sa clever combination of terms that sound important, but that present no threat to the vast, vast majority of american homeowners. Q: But John, I have heard you say many times that the title to your home is a vitally important document that proves you are, in fact, the owner. Why wouldn’t you want to protect that? A: You do, but this product is not going to do anything for you. Q: How can that be? Isn’t this just like title insurance? A: No, it is nothing like title insurance, but the promoters want you to believe it is. Title insurance is a one-time purchase that protects you or your heirs against any claim against the validity of your ownership prior to the date you bought your house. Yes, that is important and I always strongly recommend that every buyer purchase this coverage. But this title lock is totally different. Q: So what’s the difference? A: Title Lock claims to protect you against TITLE FRAUD, not a legitimate claim. Under TITLE FRAUD, a scammer forges your name on a deed, then files it in the records room of your county courthouse, then takes out a loan, using the home as collateral. Q: Can that happen? A: Yes, it is a very rare but growing scam. Q: So, in that case, if I no longer own my house, would I have to leave my home? A: No, because you still DO own your home. The new scam owner obtained his claim to ownership by a FRAUDULENT deed. He would have to prove that your signature on that deed is valid and that YOU signed it. You didn’t!