Wire Fraud scams are rapidly increasing for real estate closings. The thought of permanently losing your down payment for your home is extremely daunting, however, there are some simple ways you can reduce your risk of becoming a victim of wire fraud.
- ALWAYS call to confirm any wiring instructions that you receive. Verbally review each account and routing number with a trusted source.
- Don’t immediately trust emails. Scammers send emails that can be convincing and sophisticated. Be sure to check the URL of each email. Note: All Galbreath Costner, LLC emails will end with the following URL: @galbreathcostner.com
- Stay vigilant! Scammers are always changing and updating their systems. Use your instincts, ask questions, and stay in communication with your bank and real estate attorney. When possible, use a certified check for closing funds.