Tag Archives: buying real estate

Money Monday: How to avoid wire fraud

You have to be extra vigilant with your money nowadays. When buying real estate, don’t fall victim to wire fraud with these three steps:

  1. Pay attention to how wire instructions are sent (in other word — only accept instructions that are secure and encrypted).
  2. Before wiring funds, call to verify the wire instructions with the title company.
  3. Be careful of any changes — real instructions rarely change.

Wirefraud Money Monday - John Silva blog

This infographic is from the CALIFORNIA ASSOCIATION OF REALTORS at CAR.org.

Tech-Smart Homebuyers

Real estate home buyers out there are becoming more and more tech-savvy.

Tech Smart Home Buyers

What do buyers use technology for when shopping for a home?

  • Reading real estate agent profiles
  • Using online real estate resources
  • Sending documents to lenders (and once in the transaction process, back-and-forth to their agent)
  • Looking at neighborhood maps
  • Browsing active real estate listings (<–click to do your own personal home search!)
  • What do you use the Internet for in the home-buying process?