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Putting title fraud in perspective
Title fraud made its way into the media headlines earlier this summer, creating an unhealthy climate of fear that unnecessarily worried land owners. REALTORS® felt the heat too, as their buyers and sellers asked whether they and their properties were safe from fraud.

The facts are that BC’s land title system is one of the safest in the world, there is no pattern of increased title fraud and the Assurance Fund is available to compensate owners in the very unlikely case that they are financially affected by a title registration error.

There are more than 1.9 million active titles in BC. In the past 18 years, the land title system processed 15 million transactions—yet only two claims related to land ownership fraud and only 14 fraud claims related to lesser interests in land, such as discharges of mortgage, were paid out from the Assurance Fund.

The Land Title and Survey Authority is continually looking for ways to enhance the security of the...

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In the last 2 weeks the market is picking up with buyers. I am now busy with buyers from all categories ( investors, 1st time and those moving up or down in size of home). I think the fact the Federal Gov't has or is cracking down on the 0% down mortgages for 1st time buyers might mean those that are pre-approved might want to buy before they are required to put up a down payment.
Even thought I am busy I am never to busy for your referrals!

Cheers
Dean Birks
www.DeanBirks.com

 
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