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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:

30-Year Mortgage Rates for October 21, 2020 | Rates move upward
Bankrate follows a strict editorial policy, so you can trust that we’re putting your interests first. Our award-winning editors and reporters create honest and accurate content to help you make the...

Current Mortgage Rates, October 21, 2020 | Rates move higher
Multiple key mortgage rates climbed today. The average rates on 30-year fixed and 15-year fixed mortgages both cruised higher. The average rate on 5/1 adjustable-rate mortgages, meanwhile, dropped....

Millions Of Homes Are At Risk Of Wildfires, But It's Rarely Disclosed
Jennifer Montano watches her two kids' faces as they quietly clamber out of the car in their driveway in Vacaville, Calif. It's been a week since the children were last home, but where their house...

Will the Return of iBuyers Be a Challenge for You?
Key takeaways: iBuyers are companies that make instant cash offers online to sellers who want a quick sale. iBuyers, like real estate brokerages, are looking to diversify their offerings by adding...

More People Saving For Emergencies As Use Of Mobile Banking Soars
More people are saving for emergencies and other unexpected expenses as the use of mobile banking soars, the Federal Deposit Insurance Corporation (FDIC) revealed in a report on the ways Americans...

Think Small: Timely Picks To Capture The Reawakening Of Small-Cap Growth Stocks
The Russell 2000 U.S. small-cap index recently broke above its early September peak and now sits only roughly 5% from January 2020, pre-COVID highs. Small-cap growth stocks, which have led the...

Are CDs safe?
Certificates of deposit come with a wide range of maturity dates and interest rates, but all CDs share one common component: They are one of the safest places to park your cash. Federal insurance...

Bidding wars boom as homes spend as little as 4 days on the market
Record low housing supply and interest rates continue to fuel the firestorm of buyer competition. Although the number of bidding wars slid from the month before, in keeping with the typical...

Are Low Mortgage Rates to Blame for High Home Prices?
Double-digit price increases for homes are not exactly what most people in real estate predicted to occur in a recession. But could low mortgage rates—the 30-year fixed-rate mortgage hit a record-low...

September 2020 NAR Sentrilock® Home Showings Report
The new September 2020 NAR Sentrilock Home Showings Report indicates a slight decrease in nationwide foot traffic, but showings remain at historically elevated levels as home showings for three of...