Protecting Your Investment: What Every Homebuyer Needs to Know About Wire Fraud

Buying a home is one of the most exciting milestones in life—especially for first-time homebuyers. Every step of the process feels new and full of possibility. But with all the excitement, it’s important to also be aware of one of the biggest risks in today’s real estate world: wire fraud.

Because most of the home buying process is now handled electronically, criminals are finding new ways to take advantage of buyers during one of their most vulnerable times. Wire fraud scams often look like legitimate emails from your agent or title company, asking you to wire funds to what appears to be a trusted account. In reality, one wrong click could mean losing your entire down payment or life savings.

That’s why it’s critical to:

• Double and triple check with your title company and agent before wiring any money.

• Verify instructions using trusted contact information, not just what comes through email.

• Stay alert to phishing emails and last-minute changes to wire instructions.

Wire fraud can happen to anyone—whether it’s your first home or your fiftieth. Protect yourself, protect your investment, and always confirm before you transfer funds.

📞 If you’re preparing to buy a home, let’s connect. We’ll guide you safely through the process and ensure your money goes exactly where it’s supposed to.