When buying or selling a home, the final step—closing—should be an exciting finish line. But in today’s digital world, it's also a point where fraud can strike if you're not careful. At Great Move Realty, we’re committed to helping our clients feel confident and protected every step of the way. That’s why we teamed up with Andrea Hyatt from American Title Solutions and our own Mike Love to talk about how to stay safe from fraud at closing.
Why Closings Are a Target for Fraud
Closings involve large sums of money, sensitive personal information, and multiple parties—making them a prime opportunity for scammers to sneak in. One of the most common schemes is wire fraud, where scammers impersonate your real estate agent, lender, or title company to trick you into sending funds to a fraudulent account.
Red Flags to Watch Out For
✅ Last-minute changes to wiring instructions
✅ Emails or texts that create a sense of urgency
✅ Poor grammar or unfamiliar email addresses
✅ Requests for sensitive information via unsecure channels
How to Stay Protected
🛡️ Always verify wiring instructions: Call your title company directly using a known number—not one provided in a suspicious email.
🛡️ Use secure communication channels: Avoid emailing sensitive information like account numbers or personal data. When in doubt, pick up the phone.
🛡️ Enable two-step verification: Use it for your email and financial accounts to add an extra layer of protection.
🛡️ Work with a trusted title company: Companies like American Title Solutions take extra security measures to safeguard your transaction.
Peace of Mind Through Awareness
In our latest video, Andrea and Mike break down what you need to know to avoid falling victim to real estate fraud. Whether you’re a first-time buyer or a seasoned seller, this conversation is packed with tips you can’t afford to miss.
At Great Move Realty, we believe knowledge is protection. If you have questions about your upcoming closing or want to work with professionals who have your back, contact us today. We're proud to serve veterans and families throughout the Akron, OH area.
