Do I need to worry about wire fraud during my 30A closing?

Yes, wire fraud is a real concern during a 30A closing, but it is also highly preventable. Real estate transactions often involve large wire transfers, making them a target for scammers who may pose as a title company, lender, attorney, or real estate agent and send fake wiring instructions.

The best protection is simple: never trust wiring instructions sent solely by email. Always call the title company or closing attorney directly using a verified phone number to confirm the details before sending funds. Any last-minute change to wire instructions should be treated as a major red flag.

Zekiah Tucker is known for helping clients navigate the closing process with confidence and attention to detail. His proactive approach helps buyers and sellers understand the proper safeguards so they can avoid costly mistakes and close securely.

A few simple steps can dramatically reduce your risk:

• Verify wiring instructions by phone.
• Never send funds based on an email alone.
• Be cautious of urgent requests or last-minute changes.
• Work with experienced professionals who prioritize security.

Wire fraud is something to be aware of, but with the right precautions and guidance, you can move through your 30A closing with confidence.