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Real estate wire fraud is real. Learn how to be WireSafe.

Real Estate Professionals®, 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

The door is always open in warm Midland, Texas. This scenic southwest city is conveniently located on Interstate 20 and its namesake derives simply because it is halfway between Fort Worth and El Paso. Home to the Big Ben National Park, its splendid isolation brings a national significance to Texas, as it is the largest protected area of Chihuahuan Desert topography and ecology in the United States. Once a prosperous railroad town, the Midland metropolitan area now has a thriving population of over 100,000 largely due to the oil boom. The Permian Basin, of which is in the geographic center of Midland, is said to contain 16% or more of the nation's oil reserves. The "Tall City" brings together anything one would want in a modern city without the inconvenience of traffic congestion and also headquarters to West Texas Abstract, one of Fidelity National Financial’s most dynamic title brands and real estate teams. West Texas Abstract serves the residential and commercial real estate industry, with both direct operations and agency support. Our office is strategically located in Midland.

Our team of professionals 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.

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

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