Well, they don’t cart your home away instead title thieves effectively take control by registering a false sale and taking out a large mortgage against the property. Such fraudulent transactions happen without the homeowner even knowing it. Title thieves like to target properties that are mortgage free.
That was the case with a Richmond pensioner. A few years ago someone impersonating him registered the sale of his property with the land title office and took a $400,000 mortgage out against the previously mortgage-free home. Continue reading


