12 Key Signs of Financial Elder Abuse in Property Transactions

Join Realtor® Pat Kapowich and Title Officer Scott Heisey as they uncover the growing issue of financial elder abuse in real estate. Learn how to spot and prevent these scams.

Special Guest:

Scott Heisey, V.P. Northern California Operations Manager and Underwriter at Stewart Title of California, Inc.

Main Lesson Points from Scott Heisey's Interview:

1. The exponential rise in elder financial abuse is due to the increasing elderly population.
2. Caregivers are becoming primary abusers of seniors' finances.
3. Red flags in property transactions that indicate potential elder abuse.
4. The importance of involving family members in real estate transactions involving elders.
5. The role of title companies in preventing fraudulent transactions.
6. The impact of forged or fraudulent legal documents on elder property sales.
7. There is a need for proper vetting and monitoring of caregivers.
8. The significance of wild deeds as indicators of fraud.
9. The misuse of powers of attorney in elder financial abuse.
10. The role of notaries in ensuring the legitimacy of documents.
11. Financial elder abuse often goes unreported or unnoticed.
12. Strategies for real estate professionals to protect elderly clients.

#ElderAbuse #RealEstateFraud #ProtectSeniors #FinancialSecurity #RealEstateTips #Realtor #HomeBuying Tips #HousingTrends

Scott M. Heisey

V.P. Northern California Title Operations Manager

Stewart Title of California, Inc.

http://www.stewart.com
scott.heisey@stewart.com

View another interview with Scott M. Heisey

V.P. Northern California Title Operations Manager

View here:

https://youtu.be/gIfglMTqqas?si=CDSOC5-S8rddk4Gz

Host:

Realtor® Pat Kapowich, Kapowich Real Estate

Part Art. Part Science. Kapowich Excels at Negotiations.

📞 Contact Me:

📍 Sunnyvale, California 🌞 📞 Office Landline: (408) 245-7700 🌐 www.SiliconValleyBroker.com

🔑 Industry Accreditations:

Graduate, Realtors® Institute

Seniors Real Estate Specialist

Certified Residential Specialist

Accredited Buyer Representative

Certified Trust and Probate Specialist

Certified Residential Real Estate Brokerage Manager

🔗 California Real Estate Broker License #00979413

Host Pat Kapowich is a Certified Real Estate Brokerage Manager and career-long consumer protection advocate.

Santa Clara County Association of Realtors 'President's Choice Award' "For demonstrating principles of good real estate practice; promoting and protecting home ownership and property rights; and distinguished service to members and the community."

Industry Designations Earned

• Certified Residential Specialist (CRS)
• Accredited Buyer's Representative (ABR)
• Graduate, REALTOR® Institute (GRI)
• Seniors Real Estate Specialist (SRES)
• Certified Trust & Probate Specialist (CTPS)

Since 1988, regardless of market cycles, Pat maintains a median of 9 days on market for single-family homes and 8 days for condos/townhomes.

Media & Publishing
Covered by or written for: The Wall Street Journal, San Jose Business Journal, San Jose Mercury News, East Bay Times, Broker/Agent Magazine, Bay Area News Group, and California Association of Realtors Magazine.

Pat is a lifelong resident of Silicon Valley, California. Office: 408-245-7700 | Email: Pat@SiliconValleyBroker.com | License: Broker# 00979413

Real-time market data: https://www.siliconvalleybroker.com/market