California Lawmakers Move To Squelch Deed Service Ripoff; Bill Awaits Schwarzenegger Sign Off

In Los Angeles, California, KABC-TV Channel 7 reports:

• A few weeks ago Eyewitness News warned you about a new scam. That report caught the eye of one [California] state legislator who introduced a bill to stop the scam. That bill is now about to be signed into law.

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• "We had homeowners being scammed out of hundreds of dollars for getting a document that they really don't need, because they probably already have it in their files, and two, that they can get it for about $10 instead of paying $200 for it," said [California State Assemblyman Ted] Lieu.

• The letter from the Title Compliance Office, which doesn't exist officially, is trying to get you to use their services to get a grant deed for your home. The letter makes it sound like your home could go into foreclosure without the deed. But by signing up you'll have to pay $157 or more, and they want you to act right away.

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• The bill is expected to be signed into law by Governor Arnold Schwarzenegger in the next week or two. If you think you need a copy of your grant deed, you can get one through one your county's website.

For more, see Avoid deed scams - go straight to county site.