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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

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Houston is the most populous city in Texas, and the fourth most populous city in the United States. Known as cosmopolitan destination, Houston is home to 2.2 million residents, and hosts millions of visitors each year. The city of Houston is a major hub for big business, and serves as headquarters for more Fortune 500 companies than any other U.S. city, second only to Manhattan. In addition to its rich history in oil, Houston has one of the world’s busiest international ports and is home to NASA’s Johnson Space Center. Houston is also headquarters for the world’s largest group of medical care and research facilities.

Our Houston-based professionals work 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 industry partners that work alongside them. In addition to our commitment to the residents of Texas, we provide commercial services to investors who help keep our economy strong.

>> Houston Business Journal Interviews Gayle Brand, President | Chicago Title Houston (PDF)
 


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