Recently, we had a cash buyer who was prepared to close on her vacation home here in the sunshine state. And for the first time, we had a client experience wire fraud. She wired the funds for closing, and turns out, her email had gotten hacked and the funds went to an off-shore account. Everyone’s worst nightmare, right? Luckily, all parties acted quickly to locate the funds, and the FBI was involved. After anxious hours of waiting, the funds were located and all proceeds were recovered. Here are a few simple steps to ensure this doesn’t happen to you: (Consider these steps anytime you are asked for personal information, wire transfers, or to provide any type of confidential information) 1.) Contact the Title Company directly using the number provided to you by your agent 2.)Speak to the main contact person (For example, if you have been speaking with Sally throughout the process, make sure she is the person you are conversing with) 3.) Confirm the routing number with the Title Company to ensure funds are delivered to the correct place There are many moving parts in a real estate transaction and having honest and experienced representation is essential when buying or selling a home. The Jonesy Group is committed to working proactively with buyers and sellers in this competitive market and has a proven track record with results. Do you want to ensure your real estate transaction goes smoothly? We’d love to speak with you.