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When we bought our house last year, the packet came with a big, bright red page (as well as a verbal warning from our loan officer) to look out for these scams.
by hbosch 6y ago
When we bought our house last year, the packet came with a big, bright red page (as well as a verbal warning from our loan officer) to look out for these scams.
- dkarl 6y agoSame for me a year ago, and they called early in the morning on the day of closing to repeat the warning. It wasn't even mentioned when I closed on a house seven years ago.
- philjohn 6y agoI tend to phone people I'm making transfers to, where they've emailed or otherwise electronically sent the sort code and account number, to verify. Adds a couple of minutes, but could save tens of thousands.
- sneak 6y agoThis is possible because the telephone network is (more) secured, in the same way email and other forms could be, but aren’t.
- anamexis 6y agoLikewise. Ours instructed us to look up the title agency in the phone book, call that number, and verify the wire details before we did it.
- stjohnswarts 6y agoSimilar, my old and jaded real estate agent said "don't trust this computer shit, call me or call the loan people on anything involving money or signing something"