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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



Local Real Estate Trends

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Monterey County is home to one of Fidelity National Title Group’s most dynamic title brands and real estate teams. Chicago Title Monterey serves the residential and commercial real estate industry. Our offices are strategically located throughout Monterey County, and include teams that live and work in 4 offices located in: Salinas, Carmel and Monterey.

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 Monterey 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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America’s debt problem is storing up trouble for the rest of the world
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Construction Jobs Changes Reflect Gradual Shift In Economic Activity
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Fed Chair Powell hints at no interest rate cut in May, keeping rates higher for longer
...the US economy and the job market remain on strong footing, higher mortgage rates have all but stalled the housing market. But the latest retail sales report showed that consumers continued...

$75,000 Is Americans' New Financial Health Barometer, Study Finds
am EDT By Richard Eisenberg, Next Avenue Although the Conference Board Index says consumer confidence in the U.S. is markedly higher than it was in 2020, money struggles are serious for many...