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Wire Fraud Alert

Wire Fraud Alert image

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

Austin, the capital of the state of Texas, is the 11th-most populous city in the United States and the 4th most populous city in Texas. Home to nearly 1 million residents, Austin is the fastest growing large city in the United States. Residents of the city, known as Austinites, find Austin to be the ideal place to live, work, play and invest. The city was voted #1 in 2017 by U.S. News & World Report’s 100 Best Places to Live and has received numerous local and national rankings.

Austin is also home to Chicago Title Austin, one of Fidelity National Title Group’s most dynamic title brands and real estate teams. Chicago Title Austin serves the residential and commercial real estate industry in Texas. Our team 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 Texas, we provide commercial services to investors who help keep our economy strong. Chicago Title understands the dynamic and competitive real estate market in Austin, Texas and its need for accuracy and quality in the products and services it we provide.

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 FNF Newsdesk:

Biden’s Covid Relief Spending Plan: A Harbinger Of The Future
Incoming President Joe Biden has given the nation another glimpse of his economic policy plans. Not too long ago, he outlined his future tax proposals , and just a few days ago, he announced a $1.9...

Low Rates and New Fed Framework Should Help Drive Recovery
It’s clear the U.S. economy has reached a durable bottom. The S&P 500 is up 68% from 2020 lows and GDP rebounded +33.4% in the third quarter. Leading economic indicators provide confidence that the...

Preview of the Fed meeting: 4 key questions puzzling Fed as new coronavirus risks loom
It’s a new year for policymaking at the Federal Reserve, but officials are kicking off their January meeting with many of the same goals as before — and the same worries. The hope is that the...

The Effects Of Marijuana Legalization On American Real Estate
Aviva is the Managing Broker of  Sonenreich & Co , a third-generation commercial real estate broker, owner and investor in Denver, Colorado. When America's real estate history is written, there...

Commercial/Multifamily Mortgage Debt Has Increased for 33 Consecutive Quarters
$ in billions Sources: MBA, Federal Reserve Board of Governors, Trepp LLC, Wells Fargo Securities LLC, Intex Solutions Inc. and FDIC. Look no further than the challenges of 2020 to get a sense of...

Foreclosures fell to record low in 2020 — with a huge asterisk
Despite a deep recession, the U.S. housing market in 2020 set a record for the fewest foreclosures ever. Just 214,323 properties were in some stage of foreclosure last year, well below the previous...

An overhaul for Fannie and Freddie: What it would mean for mortgage borrowers
Mortgage giants Fannie Mae and Freddie Mac have languished in financial limbo for years. In the latest push to set a long-term path for Fannie and Freddie, a politically powerful trade group calls...

Land and Industrial: Brightest Spots for Commercial Real Estate
The 2020 Q4 Commercial Real Estate Quarterly Market Survey of REALTORS® reveals that the commercial real estate market continues to struggle, but some sectors are holding up relatively well against...

Instant Reaction: Mortgage Rates, January 21, 2021
Mortgage rates fell slightly this week as mortgage applications decreased. Specifically, the 30-year fixed mortgage rate dropped to 2.77% from 2.79% the previous week. With a new stimulus package a...

Uptick in Costs, COVID-19 Cases Shakes Builder Confidence
| Realtor Magazine Internet Explorer does not currently support REALTOR® Magazine search. IE users, please download Firefox , Chrome , or Edge . January...