ALWAYS VERBALLY VERIFY ALL WIRING INSTRUCTIONS!
Call Us At 410-719-0200
One of our most important roles as a title company is to protect our clients’ interests, during what is typically one of the largest and most important financial transactions of their lives – purchasing their home. While our industry has taken great measures to insure the safety and security of real estate transactions across the board, the adoption of technology in our industry has opened us all up to cyber crime and wire fraud, both of which are rising rapidly. Hardly a day goes by without news of a new cyber attack plaguing our industry. In fact, the number of wire fraud scams reported by title companies to the Internet Crime Complaint Center spiked 480% in 2016, according to the FBI.
Protecting you and your investment remains our key concern. This is why we have implemented the following Wire Policy:
WIRING BUYER FUNDS
WIRING SELLER PROCEEDS
Please do not hesitate to contact us, should you have any questions pertaining to this policy or your wire. Also, please call our office at 410-719-0200 to VERBALLY confirm Wiring Instructions PRIOR to initiating a wire. We will NEVER change your wiring instructions via email!