First Canadian Title

First Canadian Title

March 13, 2007 13:00 ET

“STOLEN / NOT FOR SALE” – A SAD SIGN OF THE TIMES

Provocative signs to be driven into front lawns to make a point about the devastating effects of real estate fraud

Attention: Assignment Editor, Business/Financial Editor, City Editor, News Editor, Photo Editor CALGARY, AB, MEDIA ADVISORY / PHOTO OPPORTUNITY--(CCNMatthews - March 13, 2007) - Some Calgary homeowners will find "Stolen/Not for Sale" signs in their front lawns later this week as part of a Fraud Awareness Month event being staged to warn homeowners that the coming busy real estate season can be a breeding ground for real estate scams, often averaging as much as $300,000 per case.

The event will take place on Thursday in the neighbourhood of Parkhill/Stanley Park involving Consumers Council of Canada, leading title insurer First Canadian Title, and real estate fraud victim Susan Lawrence. Lawrence's home was "stolen" in the Toronto area in early 2006 after she put a For Sale sign on her front lawn and identity thieves took out a fraudulent mortgage on her home for almost $300,000.

The group will be conducting similar events in neighbourhoods in Vancouver and Toronto over the next few days to call on homeowners to be more vigilant in the fight against real estate fraud, particularly around the busy real estate season. The events are also extending a challenge to business, law enforcement and consumer groups to join together in the fight against fraud.

Event:
"Stolen / Not for Sale" event and photo opportunity

Date:
Thursday, March 15, 2007

Time:
10:30 - 11:00 am

Where:
4511 Stanley Drive SW (Parkhill/Stanley Park), Calgary

Participants:
- Bill Huzar, President, Consumers Council of Canada
- Susan Lawrence, homeowner and real estate fraud victim
- Julia Jones, Assistant VP, Western Region, First Canadian Title

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Media contact:
Debra Douglass
Phone: 416-462-0199 Ext 24
Mobile 416-526-8988
debra@pilotpmr.com
IN: OTHER

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