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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, Masterpiece 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:

FHFA Increases Conforming Loan Limits for 2021
| Realtor Magazine Internet Explorer does not currently support REALTOR® Magazine search. IE users, please download Firefox , Chrome , or Edge . November...

October 2020 NAR SentriLock Home Showings Report
The new indicates that there was a slight decrease in nationwide foot traffic on a month-over-month basis, but showings activity remain at elevated levels with respect to year-over-year activity,...

New-home sales remain elevated in October at 999,000 pace
New-home sales in the U.S. held up in October, remaining near the best pace since 2006 and well above pre-pandemic levels, the latest sign that record-low mortgage rates are underpinning robust buyer...

Mortgage rates remain at record lows, driven by Fed QE buying
Mortgage rates remained unchanged at their record lows heading into the Thanksgiving holiday, as investors reacted to a growing resurgence in coronavirus cases. Another factor in both rates and...

DOW 30,000: Why Now Is The Time To Give Up On Growth
Now what? Clearly, Wall Street is having a moment – like a drunken Santa arriving a month too soon for Christmas and tossing presents around with no idea what he’s doing. But how sustainable is...

30-year mortgage rate holds at record low, says Freddie Mac
You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools...

Mortgage applications rises as rate volatility boosts activity
Mortgage applications increased 3.9% from one week earlier as another week of record low rates drew more borrowers into the market, according to the Mortgage Bankers Association. "Weekly mortgage...

San Diego home prices rising at rates not seen since 2014
San Diego home prices went up the third fastest in the nation in September and appreciated at a pace not seen in more than six years. Prices in the San Diego metropolitan area were up 9.5%...

How the market rally defied a pandemic
London (CNN Business)Markets have reached a new milestone in the middle of a bruising pandemic, another sign that investors have been more than willing to look past short-term pain toward better days...

Mortgage Applications Increase in Latest MBA Weekly Survey Nov 25, 2020
) - Mortgage applications increased 3.9 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November...