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:
- Pay attention to how wire instructions are sent (in other word — only accept instructions that are secure and encrypted).
- Before wiring funds, call to verify the wire instructions with the title company.
- Be careful of any changes — real instructions rarely change.
This infographic is from the CALIFORNIA ASSOCIATION OF REALTORS at CAR.org.