Team Title

Protect Yourself

Wire Fraud Warning

Wire fraud is a real and growing threat in real estate. Follow these five tips to keep your funds safe.

Wire fraud warning

5 Tips to Protect Yourself from Wire Fraud

  1. 1

    Examine every email address

    Carefully examine the email address from which you receive updates on your transaction from your real estate agent, title closing specialist, or loan officer to verify it is correct. If an email seems suspicious, notify your real estate agent, loan officer, or title closing specialist immediately.

  2. 2

    Call instead of email

    Use the phone number on the company's official website or business card. Don't trust the phone number included in a suspicious email.

  3. 3

    Be suspicious of changes

    Be suspicious of any requested change to wiring instructions. It's highly unusual for your title company to request last-minute changes to wire instructions.

  4. 4

    Confirm the account before sending

    Ask your bank to verify the account information before sending the wire.

  5. 5

    Verify funds immediately

    Call your title company to verify the funds have been received.

Identify Phishing Scams

Our title insurance underwriter, First American, maintains additional resources on recognizing social-engineering and phishing scams.

Phishing Scam Warning