RESIDENTIAL & COMMERCIAL SERVICES | NORTHWEST

Featured Story

Wire Fraud Alert

Wire Fraud Alert image

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 CRE Trends

 

The Latest Articles From the Newsdesk:

La Zona Lights Up San Antonio
...tour buses, which offer daily routes between Market Square and the Alamo. NAR’s Placemaking Grant funds were utilized by SABOR for landscaping, and staging and production elements. SABOR has...

Extreme Weather’s Influence on Multifamily Insurance Costs
...as the Federal Emergency Management Agency , and the National Association of Realtors (NAR) provides toolkits for flood and fire . Watts cites the International Building Code as a resource for...

After the Fed's latest move, how come you're still not getting a higher rate on your bank savings?
...13%, well above where it was a year earlier, at 3.55%. Mortgage rates aren’t tied to Fed hikes directly, but rather to movements in the 10-year Treasury yield. As to where mortgage rates go...

Best business checking accounts – February 2023
...business checking account at a credit union? Both Federal Deposit Insurance Corp. (FDIC) banks and National Credit Union Administration (NCUA) credit unions offer business checking accounts...

Best 3-year CD rates – February 2023
...accounts on this page are insured by the Federal Deposit Insurance Corp. (FDIC) or the National Credit Union Administration (NCUA). When selecting the best CD for you, consider the purpose of...

Best 5-year CD rates – February 2023
...not well known, as long as it’s a member of the FDIC, you can rest easy knowing each depositor (that’s you) is protected up to at least $250,000 per insured bank. At a National...

What to expect when closing on a house
...legal right to buy and live in the home. Also consider buying title insurance during this time, which would cover the cost of title claims during your ownership. 4. Get a home inspection Getting...

Fed raises rates by quarter point, signals more increases on way to further bring down inflation
...After getting caught in the middle of the most abrupt surge in mortgage rates on record last year, would-be homebuyers could soon feel like they’re catching a break — though mortgage rates are...

What the Fed’s February rate hike means for homebuyers and sellers
...breathing a sigh of relief. “The second half of 2022 was a housing market recession,” says Mark Fleming, chief economist at title insurer First American. “But the worst is behind us.” In an...

Latest mortgage news: Rates keep falling as economic uncertainty eases
Mortgage rates continue to retreat. The average rate on 30-year mortgages fell to 6.3 percent this week from 6.42 percent the previous week, according to Bankrate’s national survey...