I just saw on the news that a home buyer was scammed out of her entire deposit amount.
She received fake wiring instructions and had thought the instructions came directly from the escrow company.
She wired her deposit money over to the account on the fake instructions.
The thieves took the money and were never heard from again.
The buyer is now out the money she wired over and no longer has enough money to purchase a home.
She has to wait and save up more cash.
This is a terrible story and I am warning you now to always confirm that the wiring instructions are real.
This is very easy to do!
Once you get the wiring instructions emailed to you, call the escrow company and confirm over the phone that the account number that you are wiring to is in fact their real account.
Once confirmed, then you are safe to send the money.
