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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


Local Real Estate Trends

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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:

Best IRA CD rates for September 2021
An IRA CD is a savings option to consider for those looking for a guaranteed return on retirement funds. Investing in an IRA CD is relatively easy. It’s similar to purchasing a regular CD, but...

Buyers Aren’t Breaking the Bank to Afford Home Prices
Home prices have been posting double-digit annual increases. Bidding wars have quickly run up prices above list price. But for the most part, home buyers have not taken on more than they can...

Fact check: Viral claim exaggerates increase in home prices since 1970
The claim: Home prices would average $61,000 today if prices grew at the same rate as median income over the past 50 years Millennials have been criticized and ridiculed for buying homes later in...

Homeowners will be more likely to list in next 12 months: Zillow
After a year of frenzied activity that intensified the preexisting housing supply shortage, listings are soon likely to be on the rise, analysts surveyed by Zillow said. An increased number of homes...

A 10-Foot Wide House In Boston Sells For $1.25 Million
In the latest example of a wicked hot housing market, a 10-foot wide house in Boston has sold for $1.25 million. Located in the city's historic North End neighborhood, the 2-bedroom 1-bath home was...

New-home loans increased month-over-month in August
Mortgage applications for new homes rose on a monthly basis in August, as the scarce supply of existing housing and low interest rates continue to disrupt traditional seasonal patterns. Loan...

Best 2-year CD rates — September 2021
A 2-year CD could be a better tool for earning a higher interest rate than some high-yield savings accounts. A 2-year CD can be a useful financial tool for those looking to secure a higher interest...

Best 18-month CD rates — September 2021
Deciding where to stick your savings is tricky. Savings accounts and money market accounts are highly liquid but usually offer a low rate of return. Long-term CDs usually offer better rates. But...

Best 3-year CD rates — September 2021
The longer the CD term, the higher the yield. That’s how CDs generally work. But sometimes a five-year CD, for example, is too long of a term. In such cases, a three-year CD might be a happy...

Best 1-year CD rates — September 2021
Certificates of deposits (CDs) are safe savings vehicles for investors hoping to avoid taking on too much risk. If you keep your funds locked up in the bank for an entire term (such as three months...