Record Retrieval is a new real estate scam. Scammers are very creative and come after unsuspecting good people. I just received copies of letters sent to a first time homebuyer who just closed on her new home. The letters are from “Record Retrieval,” a company with a couple addresses in Denver, Colorado. While they may not be doing something technically illegal, they are scamming home buyers.
What does the letter look like?
The letter states that “Record Retrieval (or “State Record Regulation Department”) recommends that all United States homeowners obtain a copy of their current grant deed.” The letter goes on to explain they will provide you a copy of your deed if they receive $87.00 within a short period of time, but an additional $35.00, if they receive your check after that date.
The letters look and sound very official, but are taking advantage of overwhelmed homebuyers who have just been through a stack of unfamiliar paperwork to close on their new home. This company learns of the new purchase by checking public records for the recording of new homebuyer’s deeds.
How much does it really cost to obtain my recorded deeds?
In reality, the Clerk and Recorder will mail the recorded deed to the new homeowner at no charge. There is a lag between recording and receiving the recorded deed, but you will receive it. Secondly, anyone can get a copy of their deed by contacting the Recording department of the Clerk and Recorder of the county in which the property is located. The cost is $0.25 per page (usually never more than two pages) and a $1.00 if you want it certified. Total cost $1.50. You can call, go in person or send a letter to get a copy of your deed.
If you know of someone who just closed on a home, please share this information and alert them to this scam.