RESIDENTIAL & COMMERCIAL SERVICES | Santa Clara & San Benito Counties

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Wire Fraud Alert

Wire Fraud Alert image

CAUTION: IMPORTANT WIRE FRAUD ALERT FOR HOME BUYERS

Realtors®, 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
Local CRE Trends

Santa Clara County California is home to one of Fidelity National Title Group’s most dynamic title brands and real estate teams. Chicago Title Santa Clara serves the residential and commercial real estate industry. Our offices are strategically located throughout Santa Clara County, and includes teams that live and work in the area.
 
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 Santa Clara County, 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 Newsdesk:

Real Estate Trends: Homebuilder Sentiment Drops Along With Housing Prices
...indicates that home builder sentiment has fallen for 10 consecutive months. The housing market is facing multiple challenges, including relatively high mortgage rates and inflationary pressure...

Mortgage and real estate news this week: Housing as an inflation hedge, and why mortgage ‘spreads’ are so wide
...In other news, learn more about mortgage rate “spreads.” Inflation and the housing market While inflation may be hurting your wallet right now, buying a home in the current environment could...

How Fast Can A Startup Non-Bank Burn $50 MM?
...if not “hundreds of millions” as claimed by Neugebauer. In 2021, an FDIC study showed that 6 MM Americans are without banking services; and whereas some don’t have the money to open an account...

41 seconds ago Current Mortgage Rates for Nov. 25, 2022: Rates Fall
Today quite a few notable mortgage rates moved down, though rates are generally expected to rise this year. See how the Fed's interest rate hikes could affect your mortgage payments. Written...

How To Navigate Credit And Financial Risk In An Unstable Economy
...the positive side, many consumers and households could take advantage of low mortgage rates until a few months back to refinance their existing home loans or purchase new homes. With those rates...

Mortgage Demand Down Up To 88% From This Time Last Year
...refinance applications are down 88% since this time last year, with new mortgage applications also down 46% over the same period. It comes off the back of rapidly rising rates, which have made...

Mortgage Interest Rates Today for Nov. 24, 2022: Rates Decreased - CNET
Today quite a few important mortgage rates tailed off, though rates are generally expected to rise this year. If you're shopping for a mortgage, see how your future mortgage payments could be...

Black Friday Deals at Best Buy: Over 125 Best Tech, TV and Home Sales - CNET
Our expert, award-winning staff selects the products we cover and rigorously researches and tests our top picks. If you buy through our links, we may get a commission. Reviews ethics statement Best...

Homebuyers are losing big deposits because of rising mortgage rates

Buying a house in Tucson
...Is now a good time to buy a house in Tucson? With mortgage rates in Arizona hovering around the 7 percent mark, you might be wondering whether you should buy a house now or wait. While it’s...