Wire fraud is here and something you need to be aware of when buying a home. Hackers can pose as a title company and send you the wiring instructions for your transaction. It will look identical to the title companies wiring instructions except the account number will be different. Once you wire the money to the wrong account, the money is gone. Horrible situation. Check out this episode on how to avoid wire fraud, and please share it with your clients so they are aware of the risks, and understand how to avoid a wiring disaster.
I can ever help you or answer any of your mortgage questions give me and my team a call at 239-437-4278!
You can also catch this and other Realtor tips on our YouTube channel at the links below!