Boise Real Estate Source

3 Ways to Protect Yourself from Wire Fraud at Closing!

This information is important for everyone to follow -  Know there is a scam and know how to handle it if an email like this comes to you.  Be careful out there!

Palm RealtyWell the scammers are at it again! The FTC (Federal Trade Commission) and NAR (National Association of Realtors) have announced that hackers are breaking into the e-mail accounts of Realtors and Title Companies looking for upcoming closing information. Once they have accessed those accounts, they pose as the Realtor or the Title Company and e-mail the Buyer of the upcoming transaction. They tell them that there has been a "last minute change"  in the wiring instructions of where the Buyer should wire their funds. If the Buyer takes the bait, they wire their funds to the hackers and lose their money.

So what can you do?

1.) As a Buyer, talk to your Realtor and Title Company.

2.) Verify wiring instructions with a simple phone call to the Title Company.

3.) Do not conduct your business over a public WIFI connection.

E-mail is never totally secure, and this scam is both sleezy and brilliant at the same time!

Kerry

 If You have any questions about homes on the Space Coast, the Treasure Coast or in the greater Orlando area, please contact me at  321-626-5968.  Visit us on the web at

www.PalmRealty.com

Posted By: Kerry Klun - 321-626-5868
kerry@Palmrealty.com

Palm Realty

             

Kasey Boles, Managing Broker

REALTOR®, CRS, ABR, ePRO, SRS, SFR, GRI

 

John Boles / 208.830.6185 / johnboles@boiserealtystore.com

James Gannon / 208.570.4048 / james@boiserealtystore.com

Kasey Boles 208.830.6186 / kaseyboles@boiserealtystore.com

 

Boise, Idaho Real Estate

Search Like An Agent at BoiseMeridanRealEstate.com

 

 

This is not intended as solicitation if you are in contract with another real estate agent. 

Equal Housing Opportunity.  

 

          

 

  

 

 

 

 

Comment balloon 5 commentsKasey & John Boles • January 26 2017 04:59AM
3 Ways to Protect Yourself from Wire Fraud at Closing!
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