0:00 / 0:00
Landlock Video
1,534 views
Categories:News
Comments(0)
Transcript
Auto-generated transcript. Not time-synced to the video.
In September,
I have a person who maintained my house.
He checked my house and he found a
letter on the door.
It said, "We're going to shut down your
gas because you have passed due." I see
my name is not appealing on the letter.
So, I called the gas company and I asked
him, "You have, you know, why I have a
miss, you know, overdue. Always I pay my
bill." So the secretary called me back
after a few minutes. She tell me, "Sir,
this is not your house
and the deed is not under your under
your name."
How does one know who owns a property?
[music] You take the person's name, put
it on a deed. It's a piece of paper. It
gets recorded with the county where the
property is located. The [music] issue
is that the only thing that is attaching
that property owner to the property is
the person's [music] name on that deed.
Thieves are able to look online. It's
all public information. Find out who the
[music] property owner is. The person
claims to be the property owner, goes to
a mortgage broker, hard money lender
[music] or an ordinary lender, and they
claim to be the property owner. They
[music] take a mortgage out. They borrow
money against the property. The true
property owner doesn't know what's
happening. The thief ran away with the
money, but the property owner is left
with a mortgage [music] on his property,
and he then is left with trying to
unravel the the problem and trying to
prove to the people involved, including
the bank, that he wasn't the one who
[music] who borrowed the money. You're
dealing with very sophisticated thief,
that they using the a the AI technology.
So everything done by electronic. And
the truth is I don't know how to how to
avoid this. Right away they refer me to
Raymond Cohen
and Hashem send them to me like an like
an angel.
Landlock developed [music] into what we
have now. The property owner uh goes
into landlock system landlock.com
[music]
uh creates an account, username,
password, uploads his government issued
ID, social security number, checks the
authenticity of that, answers a bunch of
security questions and [music] we take
the person's biometrics. Landlock's
platform generates a document that gets
recorded and that document tells the
public that this individual registered
his identity with landlock and before
anyone conducts a transaction [music]
with the person who claims to be the
property owner um make sure that the
individual who with whom you're dealing
[music]
is able to get proof of identity through
Lenox platform. So if a thief is
claiming to be the property owner and
[music] is trying to sell the property
or mortgage it, he's not going to be
able to sell or mortgage it unless
[music] and until he's able to unlock
it. The only one who can do that is the
property owner. You could just go to
landlock.com and [music] sign up
yourself. It's very simple. It literally
takes six minutes. Landlock's cost is a
very minimal fee for the asset [music]
that it protects. It's protecting a
home. It's protecting a building that
could be worth hundreds of thousands or
even millions of dollars. [music] The
cost is approximately $160 setup fee. It
covers landlocks recording fee and setup
cost. and the feedback that we've gotten
not only from ordinary customers but
also from title insurers and title
agents
>> [music]
>> um and lenders and and and buyers and
real estate brokers that they are uh
very grateful for landlocks product
[music] because they know that the
person with whom they're dealing is in
fact the property owner and that's
invaluable in and of itself. There are
companies out there not many [music]
that claim to protect your property. Uh,
one company says that they alert [music]
uh the property owner when something
hits their title. The problem [music]
with th those kinds of companies are
they're alerting you after the fact cuz
they can't know whether or not a theft
occurred unless and until a document
[music]
actually gets recorded. That means that
the theft already occurred. Landlock
actually prevents the problem before it
occurs.
>> Thank God for Raymond Cohen from
Landlock. He was able to help me to get
back my deed under my name. I suggest to
everyone call Raymond Coin from Landlock
and right away give him your house and
let [music] him protect it. I wish I
knew Raymond before it's happened to me
because I could I could avoid it before
it's happened to me.
>> Let Landlock help protect [music] your
property today and for the future.
>> [music]