RESIDENTIAL & COMMERCIAL SERVICES | AUSTIN

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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:

Too Much Washington Is What Ails U.S. Manufacturing
pm EDT Popular on the left is this trope that Washington’s unwavering commitment to free markets is responsible for the demise of America’s once mighty manufacturing sector. A mutation of that...

Dow Hits 40,000: On The Road To 1,00,000?
pm EDT In a stunning display of resilience, the Dow Jones Industrial Average recently surpassed the 40,000 milestone, a feat that seemed improbable just two years ago when the Federal Reserve began...

The Dow Jones hits 40,000 for the first time. What to know about this major milestone
The Dow Jones Industrial Average surpassed 40,000 points on Thursday for the first time ever, signaling a strong endorsement of the health of the U.S. economy. The trigger that drove the market to a...

If My Bank Fails, What Happens to My Money?
...out money -- a cycle that eventually dooms the institution. However, the FDIC pointed out that the bank also failed “to mitigate interest rate risk.” When the Federal Reserve started hiking rates...