Wire Fraud Advisory

Wire fraud targeting real estate closings is on the rise. Criminals impersonate title companies, real estate agents, or lenders and send fraudulent emails with revised wiring instructions to divert closing funds.

  • We will never change wiring instructions by email, and any change should be treated as suspicious.
  • Always verbally confirm wiring instructions before sending funds, using a phone number you look up independently — never one provided in an email.
  • Be cautious of any last-minute changes to payment or account information.

If you have questions about wiring instructions, or believe you may have received a fraudulent request, contact our office directly before sending any funds.

Prorations

The division of ongoing expenses, such as property taxes or HOA dues, between buyer and seller as of the closing date.

This definition is provided for general informational purposes only and does not constitute legal, financial, or title advice. Terms can vary by state and transaction — consult a licensed attorney or your Title Ten HQ closer for guidance specific to your situation.