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Pricey property deeds.(SCAM ALERT)(Brief article)

Consumer Reports

| March 01, 2007 | COPYRIGHT 2007 Consumers Union of the United States, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

An official-looking letter arrives from an official-sounding outfit touting the importance of having a certified copy of your property deed. They'll gladly get you yours--for a fee, of course.

HOW TO SPOT IT

Classic high-pressure sales tactics, including lines like "the large number of transactions forces us to make this your only notice of our service" are prominently featured. What they don't tell you is that you probably already have a copy of your deed from your closing. Unless you've taken out a new loan using your home as collateral, there's no need for another copy. What's more, these outfits ...

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