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Boring Title: Tips to Help You Avoid Wire Fraud

by ARLnow.com Sponsor December 6, 2018 at 11:45 am 0

Title insurance is boring, but Allied Title & Escrow is here to decode the jargon and make it (somewhat) more interesting. This biweekly feature will explore the mundane (but very necessary!) world of title insurance while sharing interesting stories of two friends’ entrepreneurial careers.

Allied Title will be speaking at the Grant Cardone conference this Friday from 8 a.m.-1 p.m.

Want to attend the event? If so, use this link to buy a ticket!

Title Tip of the Week

Cases of wire fraud are becoming more prevalent in the DMV. Did you know that Virginia ranks 6th in the country for this type of real estate cybercrime?

In order to prevent wire fraud from occurring, always call your title company to verify wire instructions before initiating a wire.

In addition to this, never call the number that is listed in an email. Always make sure to use the number listed on the title companies website to ensure you are wiring the funds to the correct place.

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