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:

Sun West Mortgage adds NFT to pre-approval process
...it comparable to an all cash offer.  The mechanics behind a home sales transaction change. The homebuyer is now the seller of a NFT if the property owner agrees to accept the offer, Sun West...

Zombie homes increase for a second quarter as foreclosures rise
...5.6%. As foreclosure numbers inch up to more normal levels, the housing market at large is also trying to achieve greater balance after setting records for volumes and price growth last year...

School of Multifamily Property Inspections: September 2022: Washington, D.C.
...Inspection: The Inspection Process Environmental Issues Assisted Living and Senior Housing Affordable Housing Market Matters Property Rating Systems: Fannie Mae & Freddie Mac The Physical Asset...

Wayfair Laying Off 870 Employees—Here Are The Major U.S. Job Cuts Amid Growing Recession Fears
...company’s 8,500 employees — amid a precipitous downturn in the housing market that’s “contracted sharply and abruptly,” CEO Frank Martell said in a statement. July 11, 2022Electric automaker...

The Three I’s Of August: Inflation, Interest Rates, And Instability
...prices appear to be stabilizing. Of course, that’s matched by increasing mortgage rates and a commodity market reset in Q2 that took away one of the last safe havens for long-only investors. Those...

Selling a home in Arizona
...club. Many Grand Canyon State homeowners are trying to capitalize on the housing market right now: Data from the Arizona Association of Realtors shows that the number of listings in the state...

Compare today’s mortgage and refinance rates, August 19th, 2022 | Majority of rates rise
Mortgage rates were mostly up compared to a week ago, according to data compiled by Bankrate. Rates for 30-year fixed, 5/1 ARMs, and jumbo loans moved higher, while 15-year fixed rates...

Current Mortgage Rates for Aug. 19, 2022: Rates Move Up - CNET
...loan, see how your payments might be affected by inflation. Some important mortgage rates crept upward today. Average 15-year fixed mortgage rates stayed the same, while average 30-year fixed...

U.S. mortgage lenders are starting to go broke
...points this year in an effort to tame inflation, and 30-year US mortgage rates have surged above 5% for government-backed loans. That's close to their highest levels since the financial crisis...

Stocks recover. For now
...US hoing market Something strange is going on in the hoing market. New home sales dropped for the sixth month in a row in July, reports my CNN Biness colleague Anna Bahney. At the same time, prices...