KIM | Safeguard yourself from FRAUD and close the deal.

Realtor Kim Jordan provides an overview on ways to protect yourself from key fraudulent practices when buying real estate.

Fraud on the rise

Safeguard yourself from fraud and close the deal

In the past, HOME buyers would go directly to the bank and personally pick up a cashier’s check for the funds they needed to bring to the closing. Today, technology has made it more convenient to transfer money electronically. Although this makes life easier for HOME buyers, it also makes it easier for those who want to intercept your money and steal your life savings. Kim discusses ways to safeguard yourself and your money.

Full transcription appears below the recipe.


silverware-engraving.jpg
The following recipe was originally published by email Friday 29 DEC 2017.

Salted Caramel Chocolate Martini

A decadent dessert martini made with Godiva Chocolate Liqueur, Creme De Cocoa and Caramel Vodka.

Prep Time: 10 minutes
Total Time: 10 minutes
Servings: 2

Ingredients

• l C. Ice
• 1/2 C. Godiva Chocolate Liqueur
• 1/4 C. Creme De Cocoa
• 1/2 C. Caramel-flavored Vodka
• 1/2 C. Whole Milk (2% also works well for less fat)
• Garnish: Caramel Syrup for rim of martini glass
• 1/4 C. Crushed Pretzels
• Optional Garnishments: 4 Caramel Candies dipped in coarsely-ground Sea Salt
Milk Chocolate Bar to make chocolate curls for top of drink

Instructions

  1. Prepare martini glasses by placing a layer of caramel sauce and crushed pretzels on separate plates.
  2. Dip and turn rims of martini glasses into caramel sauce until evenly coated.
  3. Dip caramel-coated glass rims into pretzel crumbs until evenly coated.
  4. Place ice in a martini shaker.
  5. Add Godiva Chocolate Liqueur, creme de cocoa, caramel vodka and milk.
  6. Shake vigorously for around 30 seconds.
  7. Strain martini into prepared glasses.
  8. Optional Garnishes: Add the desired amount of shaved milk chocolate curls (using a vegetable peeler; shave chocolate bar across the long edge of the candy bar).
  9. Dip fronts and backs of caramel candies into a small bowl of coarsely ground sea-salt until coated.
  10. Place 2 caramels on a cocktail pick and place in martini (adds a great touch of salt flavor).

Enjoy!


Full Transcription of Kim Jordan's video "Fraud on the Rise"

Today, I want to talk about the growing problem of Fraud in the real estate industry.
The way things used to be: After getting through all the negotiations and landing at the Title Company, a Buyer would typically go to their bank and get a cashier’s check for the funds they needed to bring to closing.

But not anymore… In today's world, things are often done electronically, and there are hackers out there trying to intercept your information AND your money wires.

. . .  and here's why: Today's hackers are getting very creative, and your Realtor and Title Company are doing everything they can to try to stay one step ahead. First, as your Realtor, we try to make sure we are dealing with qualified buyers.

Scammers have gotten creative with fraudulent cashier's checks, using them as earnest money, then quickly canceling a contract during the inspection period and requesting the title company to refund the earnest money, only to find out later it was counterfeit. This one, is REALLY hurting our Title Companies.

Second, as title companies, Realtors, buyers, and sellers exchange emails, hackers are intercepting emails with wiring instructions and changing the bank name and account numbers so that the funds are wired to a different account.

Title companies are stressing the importance of picking up the phone and talking directly to the title company and verifying the wiring details. Once a wire has hit the hackers account, it is impossible to get it back, costing you your life savings!

It is important for you to take extra steps to ensure you don't fall victim to today's phishing scams. Be sure to choose a Reputable Realtor and Title Company.


Alice and Kim