{"id":410,"date":"2024-08-21T13:49:18","date_gmt":"2024-08-21T13:49:18","guid":{"rendered":"https:\/\/www.mid-statetitle.com\/?p=410"},"modified":"2024-10-01T13:57:44","modified_gmt":"2024-10-01T13:57:44","slug":"may-2024-2-2-2","status":"publish","type":"post","link":"https:\/\/www.mid-statetitle.com\/?p=410","title":{"rendered":"August 2024"},"content":{"rendered":"\n<h2 class=\"wp-block-heading has-text-align-center\">July Market Snapshot<\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1080\" height=\"1280\" src=\"https:\/\/www.mid-statetitle.com\/wp-content\/uploads\/2024\/10\/Market-Snapshot-July-2024.png\" alt=\"\" class=\"wp-image-411\" style=\"width:500px;height:auto\" srcset=\"https:\/\/www.mid-statetitle.com\/wp-content\/uploads\/2024\/10\/Market-Snapshot-July-2024.png 1080w, https:\/\/www.mid-statetitle.com\/wp-content\/uploads\/2024\/10\/Market-Snapshot-July-2024-253x300.png 253w, https:\/\/www.mid-statetitle.com\/wp-content\/uploads\/2024\/10\/Market-Snapshot-July-2024-864x1024.png 864w, https:\/\/www.mid-statetitle.com\/wp-content\/uploads\/2024\/10\/Market-Snapshot-July-2024-768x910.png 768w\" sizes=\"auto, (max-width: 706px) 89vw, (max-width: 767px) 82vw, 740px\" \/><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading has-text-align-center\">Keys to Success: Yvette&#8217;s Monthly Title Tip<\/h2>\n\n\n\n<p class=\"has-text-align-center\"><em>Protect Yourself: Wire Transfer Fraud Warnings Do Not Protect Real Estate Agent<\/em><\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>Real Estate Agents Beware!<\/strong>\u00a0<\/p>\n\n\n\n<p>This message is to inform you about a recent legal case that highlights the importance of vigilance against wire transfer fraud in real estate transactions. Here&#8217;s the key takeaway:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Having buyers sign a wire transfer fraud warning\u00a0<strong>does not automatically shield\u00a0you\u00a0from liability<\/strong>\u00a0if fraud occurs.<\/li>\n<\/ul>\n\n\n\n<p>Key Facts from the recent Case in the Nashville area:<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>Court ruling: The court dismissed some claims but allowed the claims against the real estate agent and broker to proceed<\/strong>.<\/p>\n\n\n\n<p>Wire transfer fraud: The Buyer was the victim of a wire transfer fraud scheme.<\/p>\n\n\n\n<p>Hacked email accounts: The fraudster intercepted emails between the Buyers, their real estate agent, and the title company.<\/p>\n\n\n\n<p>Impersonation: The fraudster pretended to be various real estate professionals.<\/p>\n\n\n\n<p>Confusing instructions: The Buyer received two sets of wiring instructions, one genuine and one fraudulent.<\/p>\n\n\n\n<p>Bank error: A bank employee wired the money to the fraudster&#8217;s account despite warnings and verification efforts.<\/p>\n\n\n\n<p>Financial loss:\u00a0<strong>The Buyers lost almost $450,000<\/strong>\u00a0and had to refinance their home.<\/p>\n\n\n\n<p>Lawsuit: The Buyer sued the bank, real estate agent, and broker.<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><\/div>\n<\/div>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/www.mid-statetitle.com\/wp-content\/uploads\/2024\/10\/D.B-1024x1024.png\" alt=\"\" class=\"wp-image-412\" style=\"width:330px;height:auto\" srcset=\"https:\/\/www.mid-statetitle.com\/wp-content\/uploads\/2024\/10\/D.B-1024x1024.png 1024w, https:\/\/www.mid-statetitle.com\/wp-content\/uploads\/2024\/10\/D.B-300x300.png 300w, https:\/\/www.mid-statetitle.com\/wp-content\/uploads\/2024\/10\/D.B-150x150.png 150w, https:\/\/www.mid-statetitle.com\/wp-content\/uploads\/2024\/10\/D.B-768x768.png 768w, https:\/\/www.mid-statetitle.com\/wp-content\/uploads\/2024\/10\/D.B-100x100.png 100w, https:\/\/www.mid-statetitle.com\/wp-content\/uploads\/2024\/10\/D.B.png 1200w\" sizes=\"auto, (max-width: 706px) 89vw, (max-width: 767px) 82vw, 740px\" \/><\/figure>\n<\/div>\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/www.google.com\/search?q=google+mid+state+title&amp;oq=google+mid+state+title&amp;aqs=chrome..69i57j69i64j69i60.3354j0j4&amp;sourceid=chrome&amp;ie=UTF-8#lrd=0x88647f2a781b2929:0x7d143869338ce96a,3,,,,\"><img loading=\"lazy\" decoding=\"async\" width=\"350\" height=\"100\" src=\"https:\/\/www.mid-statetitle.com\/wp-content\/uploads\/2024\/04\/Google-1.jpg\" alt=\"\" class=\"wp-image-359\" style=\"width:207px;height:auto\" srcset=\"https:\/\/www.mid-statetitle.com\/wp-content\/uploads\/2024\/04\/Google-1.jpg 350w, https:\/\/www.mid-statetitle.com\/wp-content\/uploads\/2024\/04\/Google-1-300x86.jpg 300w\" sizes=\"auto, (max-width: 350px) 100vw, 350px\" \/><\/a><\/figure>\n<\/div>\n\n\n<p class=\"has-text-align-center\">Your experience at Mid State Title is of utmost importance to us. We invite you to share your thoughts by leaving us a review on Google. Please click the link to let us know your feedback. Thank you for taking the time to provide your review!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>July Market Snapshot Keys to Success: Yvette&#8217;s Monthly Title Tip Protect Yourself: Wire Transfer Fraud Warnings Do Not Protect Real Estate Agent Real Estate Agents Beware!\u00a0 This message is to inform you about a recent legal case that highlights the importance of vigilance against wire transfer fraud in real estate transactions. Here&#8217;s the key takeaway: &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.mid-statetitle.com\/?p=410\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;August 2024&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-410","post","type-post","status-publish","format-standard","hentry","category-newsletter"],"featured_image_src":null,"author_info":{"display_name":"jimsterling@comcast.net","author_link":"https:\/\/www.mid-statetitle.com\/?author=1"},"_links":{"self":[{"href":"https:\/\/www.mid-statetitle.com\/index.php?rest_route=\/wp\/v2\/posts\/410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mid-statetitle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mid-statetitle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mid-statetitle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mid-statetitle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=410"}],"version-history":[{"count":1,"href":"https:\/\/www.mid-statetitle.com\/index.php?rest_route=\/wp\/v2\/posts\/410\/revisions"}],"predecessor-version":[{"id":413,"href":"https:\/\/www.mid-statetitle.com\/index.php?rest_route=\/wp\/v2\/posts\/410\/revisions\/413"}],"wp:attachment":[{"href":"https:\/\/www.mid-statetitle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mid-statetitle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mid-statetitle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}