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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

Discover What's New and Interesting in Our Backyard

Houston is the most populous city in Texas, and the fourth most populous city in the United States. Home to 6 million residents, and host to 7 million visitors each year, Houston is the fifth-most populated metropolitan area in the country. The city of Houston is a major hub for big business, and serves as headquarters for more Fortune 500 companies than any other U.S. city, second only to Manhattan. In addition to its rich history in oil, Houston has one of the world’s busiest international ports and is home to NASA’s Johnson Space Center. Houston is also headquarters for the world’s largest group of medical care and research facilities.

Houston is also headquarters to Alamo Title Company, one of Fidelity National Financial’s most dynamic title brands and real estate teams. Our Houston-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 Texas, 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 FNF Newsdesk

Nexis Newsdesk® - Award-Winning Media Intelligence Solutions

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