- Oct 31, 2018
This is exactly why I tend to advise people to go "old school" and use a check. Wiring works great but you have to be very careful to avoid the notorious "man in the middle" wire instructions scam. There are criminal hacking gangs all over the world who will attempt to trick you into wiring money to them, but they will not be able to intercept a bank check sent by FedEx.if you choose wiring--make sure to confirm account details via phone from telephone number listed in your closing documents. The title company/broker will NOT send you wiring info via email due to fraudulent hacking. Many have lost real estate deposits wiring funds. Our realtor told us of a couple last year. Major DVC brokers also have a warning about this. We'll probably just 2 day fedex our funds.