Texas Real Estate Bible Podcast

Just imagine it:  You wire your money to the title company as instructed the day before you buy your dream home.  You show up to closing, and they ask you, "Where's your down payment?"  You think this must be some kind of silly joke, so you say, "You mean the massive wire I sent you yesterday wasn't enough?" "Wire?  I checked a few minutes ago, and we didn't receive a wire from you, but I'll go double check."  The serious look on the escrow agent's face tells you this isn't a joke. "Yes," you say, "I sent it to the updated account you asked me to use via email yesterday." "... I didn't send you any updated wire instructions yesterday." After a few eternal minutes of double checking both on your end and on the title company's end, it's clear that you did indeed send the down payment, but you did not send it to the title company.  Instead, you sent it to an overseas thief who has now disappeared with your money.  How could this happen? This has been a growing problem in the real estate industry that was highlig