ALTA Insights: Learn How to Spot Elder Real Estate Fraud and Financial Exploitation

While title and settlement agents typically don’t meet their customers until the closing, it’s important to be aware of red flags and proceed cautiously when encountering irregularities or unusual situations. Some of these include a large cash-out from a refinance, proceeds being wired to an account not belonging to the property owner, or a relative or another person who shows too much interest in the transaction for no apparent reason. This webinar will discuss:

• Demographics of an aging population
• Prevalence of elder fraud
• Red flags
• Reporting options to law enforcement
• Potential legislation