Homes Are Being Stolen from Right Under Owners’ Noses (AI Is Making It Frighteningly Easy)
More and more unsuspecting homeowners are becoming victims of a real estate scam where the deed of their property is transferred away, literally, right from under them! And AI is at the center of it.
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⏱️ Timestamps:
0:00 – Start Here
0:40 – Their Methods
1:21 – Case 1 Deed Fraud
6:35 – Case 2 Vacant Land
8:25 – Case 3 Home Built on Stolen Land
10:35 – 3 Vulnerable Stages of Real Estate
Which of these cases was the craziest to you? Let me know down below and thanks for watching.
Hey Humphrey!
hey!
@@humphrey keep doing what you’re doing. We’re here always waiting for your next upload. Cheers!
This seems to be great information. However, how do I know it’s not a deep fake image of Mr. Yang?
lol 😂
The beauty filter is a dead giveaway! 🎉
Wait, you think he was a real person to begin with?
can’t afford a house. for once, it pays to be poor.
You will own nothing and like it. But… who knew this is how it would happen??? Wait about 50 years and houses will be cheaper. Right now… there are other places to get a decent ROI and not get burned so hard.
When I was fresh out of college, housing was even less affordable than now, that was 2006 at the height of the housing bubble. I lived with a room mate to save up the down payment. Then came the great recession. I’m not even that old, so don’t complain, work like the rest of us who has been there, done that.
Until your landlords house is scam sold to someone else and you get kicked out or the legal fees raise your rent
New nightmare unlocked
there surely are a lot of issues with german bureaucracy but at least something like that could never happen here 😌
Im getting messages from bots who are pretending to be typed the wrong number and end up trying to hook up with me then they wikl demand money(I assume) because I block them half way through
Is this only in US ?
I own a lot of properties…Sigh. I’m going to spend the next few weeks checking each one. Kudos to you.
Are they safe?
I’ve heard of this before on Steve Letho’s channel. It’s so criminal how easy it is to do this, to the point that the state IMO should be held liable for not having a more secure system. This isn’t unprecedented, companies have been sued and fined heavily for having horrible cyber security that ends up screwing over their customers.
other than the general scary nature of the video, there is something i learned: the “friendly” lien
my house is paid off and i was just trolling around top of the world. but the idea that somebody could buy the property from under me and some weirdos would come by demanding to move in is one of those scary ideas that float at the back of my mind. having a friendly lien could deter that!
Could you make a video about “Friendly Lien”? Thanks
So buying property under a secretive trust is the best way to protect yourself?
We all thought Japan was crazy for only accepting in-person signatures for these sorts of things, but now I’m feeling quite envious
Which is why I wouldn’t even think of buying land without a lawyer.
Its time to get my first house😎
Blockchain’s decentralized ledger system makes it super hard for scammers to alter documents. Like, remember that case in Los Angeles where a couple fraudulently claimed ownership of a $37.5 million mansion?
But isn’t scalability an issue? Can it handle a ton of transactions? I’ve heard some blockchain platforms struggle with high volumes
Actually, newer platforms like Polkadot and Cosmos have improved scalability big time. And smart contracts automate everything, reducing the need for intermediaries.
That’s huge for real time verification and efficiency. No more waiting around for paperwork to clear. I’ve seen clients save thousands in transaction fees.
So how does blockchain prevent deed fraud exactly? Is it foolproof?
Well, the immutable ledger ensures property records are tamper-proof. It’s like a digital fingerprint – once it’s recorded, it can’t be altered.
I like your sweater!
Thanks for the new content ! I was tired of another “get 100k then a million” etc…. A video about how to get proper health insurance, prepare the legacy for your kids (house, $$$, goods), etc… Would be nice !
This is just downright scary! Thank you for sharing this with us; I did not know this was a thing!!!
Can’t wait for people to blame the technology instead of the people actually doing it