Mississippi woman offers warning after losing home

Mississippi woman offers warning after losing home

OLIVE BRANCH, Miss. — A Mississippi woman is searching for answers as legal issues mount regarding her home.

As Marcia Naylor was dealing with the grief of the sudden death of her husband, she found herself trying to take care of herself and two grandchildren all alone.

As bills piled up, a family member of Naylor’s introduced her to a company that claimed they could help her.

However, that help never came.

“He (said he) would borrow money against my house to give me wiggle room,” Naylor said. “I didn’t sign anything. He asked me to share with him a copy of the deed of trust to my home.”

That decision proved costly because it led to her losing her home.

Naylor says she was forced to move out of after a judge obtained a quitclaim deed for her house.

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“He upholds that document and tells me I have to be out of my home and that I’ve been squatting in my home for I don’t know how long.”

Naylor is currently renting a house for her and her grandchildren.

In a statement to WREG, the Better Business Bureau (BBB) said:

“Quitclaim deeds are meant to be an easy way to legally transfer home ownership to someone else, but scammers are using them to steal property from the rightful owner. One common tactic is someone contacts you and offers to help modify your mortgage and lower your payments. But first, you need to sign a few legal documents. If you do, you may be signing something that transfers the title of your home to the scammer.”

The BBB offered the following tips to avoid this situation:

  • Check your property records.

  • Monitor your credit.

  • Never transfer ownership of your property to a mortgage assistance company.

WREG reached out to the company, and they tell a judge has ruled that Naylor owes them more than $19,000 plus possession of the property.

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