Realtors: Beware of Cyber Scams
Posted by Tamborrel Bulox Team on
Houston real estate agents are reporting an uptick in wire fraud targeting home buyers, the Houston Association of Realtors said this week.
"FBI statistics show a record number of reported wire fraud victims across the U.S. in May 2018", the realty group said in a statement. "These have the potential of costing unsuspecting consumers thousands of dollars that will likely never be recovered"
HAR released the following tips to help guard against wire fraud:
• When possible, use a cashier's check for closing funds instead of a wire transfer.
• Call before you wire. Buyers should initiate a call to the title company and have the title representative read back the wiring instructions for verification before initiating a wire transfer.
• If…
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