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Wire Fraud Alert

Wire Fraud Alert

Caution: Important Wire Fraud Alert for Home Buyers

Realtors®, Real Estate Brokers, Buyers and Sellers are targets for wire fraud and many have lost hundreds of thousands of dollars because they simply relied on the wire instructions received via email.

A hacker will break into a licensee’s email account to obtain information about upcoming real estate transactions. After monitoring the account to determine the likely timing of a close, the hacker will send an email to the buyer, posing either as the escrow agent or as the licensee. The fraudulent email will contain new wiring instructions or routing information, and will request that the Buyer send funds accordingly.

>> Learn how to be WireSafe


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The Sunshine State of Florida is the 3rd most populous in the United States, and home to one of LandCastle Title Group's most dynamic residential title teams, Professional Title. Our Florida-based professionals work in all facets of the real estate industry, providing best-in-class real estate services to buyers and sellers in the area, as well as the real estate professionals, lenders, builders and industry partners that work alongside them. In addition to our commitment to the residents of Florida, we provide commercial services to investors who help keep our economy strong.

Discover what’s new and interesting in our backyard in the latest real estate news, provided courtesy of the Newsdesk.



The Latest Articles From the Newsdesk:

What’s the cheapest month for mortgage rates?
January is the best month to score the lowest mortgage rate , according to new research by financial technology firm Haus.com . By taking a loan in January, you’ll pay a rate of 0.2 percentage...

Inventory and Months' Supply
Every month, NAR puts out the latest Existing-Home Sales numbers . One component of this data that often makes it into the news – particularly lately - is inventory levels and months’ supply. These...

How Mat Ishbia Cashed In On The Biggest SPAC Ever: From Benchwarmer To $13 Billion
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2020's Existing-home Sales Attain 14-Year Peak
| Realtor Magazine Internet Explorer does not currently support REALTOR® Magazine search. IE users, please download Firefox , Chrome , or Edge . January...

Mortgage Rates Continue to Hover Near Record Lows
| Realtor Magazine Internet Explorer does not currently support REALTOR® Magazine search. IE users, please download Firefox , Chrome , or Edge . January...

December 2020 Existing Home Sales Annual Pace Rises to 6.76 Million
NAR released a summary of existing-home sales data showing that housing market activity this December rose modestly 0.7% from November 2020. December’s existing-home sales reached a 6.76 million...

HUD extends its ban on single-family foreclosures and evictions
The Department of Housing and Urban Development on Thursday extended bans on single-family foreclosures and evictions one month to March 31 at the direction of the Biden administration. “President...

Existing-Home Sales Rise 0.7% in December, Annual Sales See Highest Level Since 2006
Total existing-home sales, 1 https://www.nar.realtor/existing-home-sales , completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 0.7% from November...

Home sales hit 14-year high in 2020, and that pushed prices to record levels
(CNN)Last year brought skyrocketing unemployment and a global pandemic that battered the economy, but people were still buying homes. Existing home sales in 2020 rose to the highest level in 14 years...