Imagine spending years saving up money for your future home and then being bilked out of down payment? So devastating. It’s happening more and more.
The buyer receives an email from what appears to be legitimate from the title company or even their realtor giving them wiring instructions for their down payment. But it’s from a thief. They follow those instructions and wire their down payment. Just like that, with the push of a button, their hard earned down payment is gone.
Thiefs even go so far as to send the buyer a text message that looks like it’s from their realtor.
Realtors, title companies and lenders are warning buyers to never respond to an email or text message that gives wiring instructions. Instead, you MUST call the title company to obtain wiring instructions.
In the past, when the title company would send out the title work, they would also include wiring instructions on that document. No longer. Don’t fall prey to being bilked out of down payment by sending some thief your hard earned dollars.
For more details click here.
Whenever you are ready, here’s some ways that I can help with your real estate goals:
1) Free Access to search the Denver MLS for all homes currently on the market: Denver Home Finder Service Property Search
2) Join me for a home tour – Home tours are Monday thru Saturday at 2:00 pm or 6:00 pm – choose your tour here
3) Request a specific search that sends all the homes that meet your parameters as soon as they come on the market – that way you can beat others to the best homes. Send me an email with “specific search” in the subject line and your wish list – Price range, school district, style, minimum number of bedrooms, etc. – [email protected]
4) Receive a Home Loan Report –There are so many different loan programs. Do you need 20% down payment to purchase a home? Are there special programs for first time home buyers? What does CHFA mean? What’s the difference between a FHA loan and a Conventional loan? Send me an email – – [email protected] with “Home Loan Report” in subject field and I’ll send it right over.
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