Resources
Cyber Security
Protect Yourself From Cyber Fraud
Watch the video or read below to learn how to protect yourself from cyber fraud.
WE FIGHT TO PROTECT YOUR MONEY:
- CertifiedID: We use CertifiedID as our trusted partner to ensure that wiring instructions and payoffs are obtained in the safest possible environment. All transactions using CertifiedID are insured up to $1 Million Dollars for losses.
- Notarized Funding Instructions at the closing table: All funds distribution directions for sellers are given at the closing table to eliminate interception or misdirection of those funds. Your Closing Agent is required to notarize the document detailing how you want to receive your funds to ensure you receive them as safely and quickly as possible.
- Paymints: We use Paymints as our trusted partner to ensure that your Earnest Money Deposit is received and credited correctly when you enter a transaction. No more worrying about checks getting lost in transit or misappropriated.
How to Avoid Wire Fraud
Rule 1: Always question emails that contain wiring instructions.
Hackers have learned to exploit the real estate closing process to steal millions of dollars from people buying or selling a home.
Rule 2: Always call before sending any money.
When you do receive instructions on where to send money prior to closing, always call your contact person at the title company to verify. Then call your bank to verify as well.
Rule 3: Always call after sending money.
It’s always a good idea to call right after money is sent. That way, you can verify that it was received by the correct recipient.
Rule 4: Act immediately if anything seems unusual.
Contact your bank, mortgage company, and title company immediately if anything is in question. If something is wrong, you may need to contact your local FBI office.
Klear Title
Our Partner
