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Wire Fraud Alert

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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

Chicago is home to one of Fidelity National Title Group’s most dynamic title brands and real estate teams, Chicago Title Metro. Chicago Title Metro serves the residential and commercial real estate industry in the Chicago Metro area with 31 offices.

Our team 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 Northern Illinois, 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:

Are rising interest rates giving you grief while you wait for your home to be built?
If you put down a deposit for a home that's not built yet, NPR wants to hear from you. Many people waiting for their homes to be finished are in a bind. Higher mortgage rates are often making those...

5 reasons home sales fall through and how to prevent it
Real estate transactions can fall apart for many reasons. Fortunately, a very small amount of home purchase contracts actually end up terminated — just 6 percent as of March 2022, according to the...

A double whammy for consumers: Home and auto insurance rates are set to jump in tandem
More bad news is ahead for consumers already struggling with 40-year high inflation. Both homeowners and auto insurance rates are expected to rise sharply. Even bundlers aren't expected to get much...

More would-be homebuyers are giving up: Redfin
Homebuyers continued to pull back from the market, with the decline in tours and other purchase-related activities at their highest point in over two years, Redfin said. Redfin's Homebuyer Demand...

Sales of new U.S. homes jumped in May, marking first gain this year
Sales of new U.S. homes jumped in May, reflecting gains in the West and South and interrupting a months-long skid as the residential real estate market adjusts to rising borrowing costs and...

Mortgage delinquency rate drops to another record low in May
The mortgage delinquency rate fell to another record in May, while a drop-off in foreclosure starts also pointed to continued improvement in the number of seriously distressed borrowers in the...

Stocks surge even though consumers feel lousy. Heres why
New York (CNN Biness)It's a bad news is good news day on Wall Street again. Stocks soared, and are set to finish the week with solid gains, after a key economic report showed a record low in consumer...

New Home Sales Unexpectedly Rise But Housing Market Still 'Cratering'—Here's When Experts Predict Prices Will Fall
am EDT| Topline New home sales unexpectedly broke a four-month streak of losses and climbed more than economists projected in May, according to data released Friday, but experts note the reprieve...

Demand For Vacation Homes Is Now Below Pre-Pandemic Levels
am EDT| The sad thing about vacations is that no matter how much fun you’re having, they have to end. Just consider that demand for vacation homes has fallen below the pre-pandemic baseline for the...

Signs of a cooling housing market and what that means for buyers and sellers
While home prices are still more than 20 percent higher today than a year ago, the question on buyers’ and sellers’ minds has turned to what’s next: Will the market slow down and, if so, will it...