I would say close to 90% of my sellers are going to be buyers after they sell, and I would say they all need a loan in order to get that new home. But, did you know that you may be putting yourself at risk of identity theft during this process of selling your home and getting the new loan?

I know it doesn't seem possible, but it is the little things that sellers don't think about when they are selling their home that put them at the most risk. I went over to one of my listings to show it, and what did I see on the counter? All their taxes from the past 3 years, pay stubs, and everything I could have possibly needed to steal their identity.

Now, had a buyer walking through with another agent seen this, they easily could have picked it up, slide it into their jacket, and no one would have ever known it was gone until it was too late!

So, if you have your home for sale, please lock up your financial information, it maybe even more valuable to a thief than jewelry.

For more information on selling your home in Washington County, Oregon, please contact me anytime, I would love to sit down and talk with you.



Todd Clark - broker
Kastings & Associates
Phone: (503)524-9494
Fax: (503)622-8739

Photo courtesy of brokenarts

 
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14 Comments on Don’t lose your identity while selling your home

Great hint.  Something I am sure most people dont consider doing.

06/11/2008 10:09 AM by Darcy Rockwell- Mortgage Consultant (eMortgage LLC)


I have this conversation with all of my sellers.  Put your stuff away.  Not only are you tidying up, but you are protecting yourself in the process.  I can't tell you how many times I have shown houses and people just leave money and credit cards laying on their dressers and counter tops in plain sight!!

You can never be too careful these days!!

06/11/2008 10:11 AM by Audrey June-Forshey, GRI, Gaithersburg, MD (RE/MAX Realty Group)


TC: I just checked that fingerprint...I believe it belongs to Bill Gates!!! LOL Thanks,   Fran

06/11/2008 10:41 AM by Fran 'The Title Man' Gaspari Title Insurance-PA & NJ (Patriot Land Transfer, Inc.)


Todd - This is an excellent point!  I have shown homes that had a lot of vital info sitting out in the open - contract on the next home, loan docs, etc.

06/11/2008 10:46 AM by Jason Crouch, Broker - Austin Texas Real Estate (Austin Texas Homes, LLC)


Yes But so many dont do this. I recommend a storage building to all of my occupied property's if it is being shown. Clutter ,heirlooms and records should be places there for safety.

06/11/2008 10:57 AM by Chip Jefferson (Carrion Builders)


Great post! For their safety and privacy we always tell our sellers to put it all away.

When we have taken our buyers into homes there have been bills, bank statements, loan docs, fine jewelry, police records and more just sitting out there for anyone to see.

 

06/11/2008 11:37 AM by Patty & Scott Carroll - RE/MAX, Vancouver WA (RE/MAX Equity Group)


Todd- Very good tip! Most people think about cash, jewelery, credit cards....but paper work could be overlooked. Thanks!

06/11/2008 01:21 PM by Lori Franks ~ Brookings, Oregon Real Estate (Coldwell Banker~ Oregon Coast Realty)


Todd, a lot of agents need a reminder to keep their sellers' information under lock and key.  And you're so right to advise people to be carerul with personal papers.

06/11/2008 01:55 PM by Patricia Kennedy (Evers & Company)


Todd

What a horrible thought; glad you were on top of it.

Regards

Tom Braatz

06/11/2008 05:30 PM by Tom Braatz, South Eastern Wisconsin (Tom Braatz)


Todd, this is excellent advice! I don't know how many times I've had to tell my sellers to put their jewelry away.

06/11/2008 06:53 PM by Linda Scanlan (A Fan of AR)


People for the most part are very trusting. I would second guess someone that was too tight in personal security. You know the type that double lock the doors behind them with double dead bolt locks?

We can never be too assured when it come to our documents and valuables.

People generally trust people...

06/11/2008 07:02 PM by Mott Kornicki • Real Estate (SIB REALTY, LLC)


Todd, a very good reminder for all of us to safeguard sensitive information about our personal and financial lives.

06/11/2008 09:08 PM by Gary Woltal - REALTOR® Dallas Ft. Worth (Keller Williams Realty)


Good advice Todd.  I am constantly amazed at what I find lying around when I look at homes.  I've even seen credit cards sitting out on the counter.  I don't know about you -but I generally don't leave those kinds of things just lying around.

06/11/2008 11:41 PM by Bo Buchanan, Blue60.com Directory for Real Estate Pro's & IllinoisHouseHunter (Blue60.com & Kettley Realtors)


We remind our sellers to hide, pain pills, check books and anything else that is expensive or cannot be replaced.  Not to long ago there was a woman posing as a buyer going to houses with buyers agents and stealing pain pills. 

06/12/2008 10:33 AM by Mindy & Jay Robbins www.TeamRobbins.com (Robbins Real Estate Group)


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Real Estate Agent: Todd Clark (Realtor), GRI (Washington Co, Beaverton Oregon) (Kastings & Associates, Beaverton Oregon Real Estate)
Todd Clark (Realtor), GRI (Washington Co, Beaverton Oregon)
Beaverton, OR
More about me…
Kastings & Associates, Beaverton Oregon Real Estate

Office Phone: (503) 524-9494
Cell Phone: (503) 524-9494
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Helping Families Home is a blog set up to teach you to invest your money and maximize your profits in Real Estate. Starting with your first home all the way to you 150th investment property. Creating wealth through real estate is the best way to financial freedom.

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