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: Realtor® Pat Kapowich

Realtor Pat Kapowich isn't just any agent; he's a Certified Trust and Probate Specialist, a Certified Real Estate Brokerage Manager, and has been a staunch advocate for consumer protection throughout his career.

Rooted in the vibrant heart of Silicon Valley, Pat operates out of his hometown, Sunnyvale, California. Reach out to his office at 408-245-7700 or drop him an email at Pat@SiliconValleyBroker.com. License: Broker# 00979413.

For up-to-the-minute housing market data tailored to your locality, access Pat's website for complimentary, real-time pricing and trend insights. [https://www.siliconvalleybroker.com/market-trends}