Why it matters
Wire fraud targeting home buyers is common. Criminals send fake wiring instructions that look like they come from your title company.
What to do
- Get wiring instructions in person or by calling a number you found yourself, never from an email alone.
- Put every contingency deadline in your calendar.
- Book the inspection straight away.
- Send your lender the signed contract.
Checklist
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Common mistakes
- Wiring money based on an email without calling to confirm.
- Missing a contingency deadline.
General information, not financial or legal advice. Rules vary by state; confirm with your lender, agent or attorney.
Frequently asked questions
Do I get my earnest money back?
Usually, if you cancel under a contingency in your contract before its deadline. If you back out for another reason, you may lose it.
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Questions from readers
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