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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

Discover What's New and Interesting in Our Backyard
Local CRE Trends

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, Trident Title. Trident Title provides cutting edge title insurance and settlement services throughout the state of Florida for any type of real estate transaction. Our team of experts offers an unparalleled level of knowledge and understanding of the industry. Our cutting edge technology allows us to be more consumer focused and ensures the security of non-public, private information.

We don’t just clear title and coordinate closings, supporting our clients and providing the best solutions in the most cost effective way is the foundation we build upon. As an Agency in the Florida Agency Network (FAN), we have joined forces and taken on the responsibility of providing and teaching our clients how to use the latest technology and tools to their advantage.

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:

Delinquency rate drops to 4% for first time since pandemic began
The percentage of mortgages late by 30 days or more but not in foreclosure dropped to 4% last month, marking a low not seen since March 2020, according to Black Knight. The drop from 4.4% in July...

Federal Reserve Tapering Means More Cycles In The Economic Forecast
Share to Facebook Share to Twitter Share to Linkedin The Federal Reserve announced at its September 22, 2021 meeting, “If progress continues broadly as expected, the Committee judges that a...

Home buying potential rose in August despite ‘Delta dip’
Though down from the white-hot activity levels of the past year, potential home sales exceeded expectations in August, according to First American. Potential existing home sales grew to a seasonally...

Stocks Rally After Fed Sticks To $120 Billion Monthly Stimulus
Share to Facebook Share to Twitter Share to Linkedin Topline Major stock market indexes extended a morning rally Wednesday after the Federal Reserve announced it would hold off on unwinding its...

Best 5-year CD rates — September 2021
A certificate of deposit is a financial product that allows you to stash away some cash and earn a fixed rate of interest for a set period of time. In exchange for handing over your money for a...

The secret to growing your small business faster: Go after the big fish
One of the biggest issues almost all small businesses face is how to grow.  It is a subject I have always thought a lot about, but especially over the course of this last year as I spent most of the...

U.S. previously owned home sales ease as prices stay elevated
A realtor wearing a protective mask uses a smartphone to provide a virtual video tour of a home for sale in Sacramento, California. David Paul Morris/Bloomberg Sales of previously owned U.S. homes...

Mortgage Applications Increase in Latest MBA Weekly Survey Sep 22, 2021

BB&T, Now Truist, Review
BB&T (Branch Banking and Trust Company) merged with SunTrust Bank to become Truist Bank in December 2019. While the two banks still operate as separate financial institutions, they’ll soon have a...

Mortgage borrowers’ credit scores reached a record in pandemic
U.S. mortgage borrowers during the pandemic have had the highest credit scores in more than 15 years. It’s not that lenders have toughened standards. Instead, ratings jumped largely because...