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Wire Fraud Alert

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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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Oregon is home to one of Fidelity National Title Group’s most dynamic title brands and real estate teams. Chicago Title San Mateo serves the residential and commercial real estate industry. Our offices are strategically located throughout San Mateo county, and includes teams that live and work in the area.
 
Our team of professionals works 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 attorneys that work alongside them. In addition to our commitment to the residents of San Mateo county, 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:

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The Fed's Ninth Straight Rate Hike Comes After Banking Chaos. Experts Unpack What's Next
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The banking meltdown may have done the Fed’s work for it
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March Fed interest rate decision due today after SVB collapse: Follow for live updates
Will the Federal Reserve continue to hike interest rates as the banking industry walks on eggshells after the implosion of Silicon Valley Bank and Signature Bank earlier this month? The anticipation...

How To Prepare Your Finances For The Next Recession
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Will they or won't they? 4 reasons Fed will raise rates again amid SVB crisis, 4 reasons it won't
...s what to know and when to expect (another) rate hike. Housing relief?:Housing market: After months of decline, single-family construction rose in February Policymakers could note the crisis...