Need an Interesting Listen? How About a Pirate Story?!
Traveling for the holidays? Here’s a podcast you don’t want to miss.
Picture this: You’re deep into a real estate deal—everything looks good on paper, the property checks out, and the title seems clean. You close the deal virtually, invest hundreds of thousands into building a dream home, and then you get that phone call.
Turns out, the property you just purchased wasn’t for sale. The real owner had no idea.
Sound familiar? It’s not just a cautionary tale from afar—it’s happening right here in Raleigh. Since September 2024, a high-profile case has unfolded involving a woman accused of fraudulently filing a deed for a $4 million North Raleigh home she doesn’t own. Local headlines are bringing attention to the shocking ease with which title fraud can happen, and this podcast breaks down just how messy and vulnerable our property systems really are.
In this episode of “Planet Money“, you’ll hear how one woman, Gina, thought she secured a piece of land and began construction on a beautiful (million-dollar) home—only to discover she was caught in a nightmare involving fraudulent sales, broken systems, and a criminal phenomenon on the rise: Title Pirates.
This episode takes a deep dive into the messy, fragmented nature of property records in the U.S., the role of title insurance, and how real estate buyers can unknowingly become victims of fraud.
How did this happen? Who really owns the property? And what happens to a house built on stolen land? Trust us, you’ll want to listen all the way through!
This story couldn’t be more timely. Listen in and learn how this real estate nightmare unfolds—and why it’s a growing risk for property owners and buyers alike. AND, if you are thinking of buying a property, make sure you have an agent you can trust and who will do their due diligence to make sure everything runs smoothly. We have a few in mind. Give us a call today at 919-877-6708.