KEY TAKEAWAYS
- Title fraud is rising and digital ID verification is a powerful line of defense.
- NotaryLive’s identity tools help real estate pros prevent forgery and protect clients.
- Remote notarization creates secure, compliant audit trails for every property deal.
Audio Summary:
What Is Home Title Protection and Why Should You Care?
Home title protection, including title insurance, is all about monitoring and keeping a property’s ownership safe from fraud.
When someone engages in deed theft by stealing a homeowner’s identity, they forge documents to transfer a title. They also take out a mortgage or face foreclosure. These actions can lead to legal nightmares, financial loss, and broken trust.
Unfortunately, home title fraud is more common than you think.
If a scammer pretends to be the homeowner using stolen information, they can sign legal documents. This enables them to mortgage the property. They can also sell it or put liens on it as if they were the owner.
In fact real estate fraud is a growing problem. Nationwide, through 2023, over 58,000 victims reported $1.3 billion in losses due to real estate scams.
For anyone working in real estate, especially those dealing with title insurance:
- title agents
- attorneys
- and brokers
…protecting clients from title fraud is no longer optional. It’s a critical part of your job and your brand’s promise of professionalism.
Who Is This For and What Challenge Are You Up Against?
This guide is designed for professionals in the real estate and legal space, including:
- Title agents
- Real estate attorneys
- Brokers and escrow officers
- Lenders and mortgage processors
Your key problem? Your customers’ identities are under threat.
Recent industry surveys confirm how prevalent the threat has become. Over half of U.S. real estate professionals (54%) reported encountering at least one seller impersonation fraud effort in a six-month period of 2023. 77% observed an increase in these attempts during that time.
You need tools that check identity in real-time. They should create a digital audit trail. Additionally, these tools must keep every signature airtight. All of this should happen without slowing down your workflow.
How Does NotaryLive Help with Title and Identity Theft Protection?
NotaryLive combines online notarization with built-in identity verification tools to keep transactions secure and compliant.
Here’s how it works:
- Knowledge-based authentication (KBA): For added security, users may be asked to answer personal questions based on credit and public record data.
- Live notary session: A trained, commissioned notary supervises the signing process in a video call, confirming the signer’s identity and intent. Most remote online notarization laws require notaries to keep an electronic journal entry and an audio-video recording of each notarization, which NotaryLive provides.
- Digital audit trail: Every notarization generates a secure, encrypted record with time stamps, IP addresses, video evidence, and document hashes.
- Compliant with Remote Online Notarization Laws: NotaryLive operates within the legal frameworks that govern remote online notarization (RON). As of 2024, 47 states plus Washington, D.C. have enacted laws allowing RON for real estate and other documents.
This prevents deed theft, home title fraud, and other types of fraud before they start. It gives you and your clients full confidence in every deal.
Why Is This So Important for Real Estate Professionals?
By integrating these digital tools into your signing workflows, you’re not just remote notarizing documents, you’re providing homeowners with added security by:
- protecting homes
- livelihoods
- and legal standing
Modern real estate transactions demand modern security, including robust measures like title insurance.
In plain terms: Secure Identity → Secure Title —> Peach of mind for all parties.
Identity verification must be strong. When integrated into the notarization process, it prevents fraudsters from stealing a home from your client. This makes property transactions safer.
Bottom line: Robust ID verification means a safer closing.
That assurance is priceless in an era when real estate fraud threats are increasing. It’s a message of trust and innovation.
What Action Should You Take Now?
Here’s how to get started:
- Book a demo to see how remote ID checks and remote online notarization fit into your current process.
- Compare turnaround times and client feedback to see the value firsthand.
- Train your team using NotaryLive’s onboarding resources and support tools.
Even one secure closing can save homeowners thousands in lost time. One secure closing can save homeowners thousands in lost time, and it also reduces legal exposure and protects trust. This helps guard against home title fraud.
Our goal is for your to close more deals faster, and with fewer disputes. Taking the steps above will get you there.
Frequently Asked Questions On RON For Real Estate
How long does the notarial process take?
- The online notarial session will take as little as 5-15 minutes. This includes uploading the document, verifying your ID, connecting with a notary, and notarizing your documents.
Does your ID verification accept passports?
- Yes, we accept passports, driver’s licenses, and government-issued IDs.
Is online notarization secure?
- Yes. To ensure compliance with state law, online notarizations have strict requirements, including secure verification and protection of your identity. Our platform, NotaryLive, is certified by MISMO, which is a higher standard of security protocols commonly used in the mortgage industry.
For more Frequently Asked Questions about NotaryLive, visit our FAQ.
About NotaryLive
NotaryLive is a leading provider of digital notarization and eSign solutions. They are dedicated to enhancing business efficiency through a secure, user-friendly platform. This platform prioritizes understanding and meeting customer needs. By offering innovative tools for electronic signatures and online notarization, NotaryLive empowers professionals to manage documents easily, anywhere, any time.
