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Republic Title Tip: Unlocking Savings with Texas Tax Exemptions for New Homeowners

Becoming a homeowner in Texas is a significant milestone, but it also comes with financial responsibilities. One aspect that new homeowners should be aware of is property taxes but here’s the exciting part: Texas offers a range of property tax exemptions that can save you money and make your homeownership journey even sweeter. In this post, our friends at Republic Title share how exemptions can save you significant money while guiding you through the process of applying for them. So, get ready to discover how you can maximize your savings as a homeowner in the Lone Star State!

Understanding Property Tax Exemptions

Property tax exemptions are a valuable tool designed to reduce the property tax burden for homeowners in Texas. These exemptions work by reducing the assessed value of your property, which in turn lowers the amount you owe in property taxes. It’s essential to be aware of the various exemptions available, as they can help you save money and improve your financial situation as a homeowner.

Different Types of Property Tax Exemptions in Texas

  1. Homestead Exemption:
    The homestead exemption is perhaps the most well-known property tax exemption in Texas. It is available to any homeowner who uses their property as their primary residence. After a homeowner purchases a home they will generally be able to apply for a homestead exemption starting on Jan. 1 of the year after acquisition. A recent change in the law allows homeowners to apply for the homestead exemption immediately upon acquisition if their seller did not already have a homestead exemption on the property for that tax year.
  2. Disabled Veteran Exemption:
    Disabled veterans in Texas are eligible for additional property tax exemptions on their homestead property based on their percentage of disability as determined by the U.S. Department of Veterans Affairs (the “VA”). The exemption can range from a partial reduction to a full exemption from property taxes. To qualify, veterans must have a service-connected disability rating of at least 10 percent from the VA.
  3. Over 65 Years of Age Exemption:
    Texans who are 65 years of age or older can apply for an additional property tax exemption on their residential homestead property. This exemption can provide a cap or freeze on school district taxes and can result in significant savings on property taxes. It’s important to note that this exemption can only be granted on property that is also the property owner’s homestead.
  4. Agricultural Exemption:
    If you own property that is used for agricultural purposes you may qualify for an agricultural exemption. This exemption is designed to support the state’s agricultural industry and can significantly reduce property taxes on agricultural land. To qualify, you must meet certain criteria related to agricultural use.
  5. Disabled Individual Exemption:
    Disabled individuals who are not veterans may also be eligible for a property tax exemption in Texas. To qualify, the disability must be certified by a relevant authority, such as the Social Security Administration, or a licensed physician.

How to File for a Tax Exemption in Texas

Now that you’re aware of the various property tax exemptions available in Texas, let’s explore how to apply for them:

  1. Homestead Exemption: An application must be completed and submitted to your county’s appraisal district. The application typically requires proof of residency, such as a driver’s license or voter registration card, and may have specific deadlines, so be sure to check with your local appraisal district.
  2. Disabled Veteran Exemption: The veteran must complete the necessary application and send it to the county appraisal district, and will need to provide documentation of their service-connected disability rating from the VA.
  3. Over 65 Years of Age Exemption: To claim the over 65 exemption on your homestead property, you must complete the application and send it to the county appraisal district to provide proof of your age, and complete any additional required paperwork. Documents that can be used to prove your age can include a birth certificate or driver’s license.
  4. Agricultural Exemption: Property owners seeking an agricultural exemption must demonstrate that their land is used primarily for agricultural purposes. Documentation such as farm income, agricultural productivity, and evidence of ongoing agricultural activities will be required.
  5. Disabled Individual Exemption: To apply for the disabled individual exemption, you must fill out the appropriate application form and send it to the county appraisal district and provide documentation of your disability.

It is important to note that the exemption forms can be found and downloaded or printed from most local county appraisal district websites.

Property tax exemptions in Texas can significantly reduce the financial burden of homeownership, making it an essential aspect of understanding for new homeowners. Whether you qualify for the homestead exemption, disabled veteran exemption, over 65 years of age exemption, agricultural exemption, or disabled individual exemption, taking advantage of these tax incentives can lead to substantial savings over time. To ensure you receive the tax relief you deserve, be sure to research the specific requirements for each exemption and file the necessary paperwork with your county’s appraisal district. By doing so, you can make the most of the opportunities available to you as a new homeowner in the Lone Star State. Check out Republic Title’s convenient resource with more information on tax exemptions and contact information for local appraisal districts.

 

Source: Candysdirt.com – Republic Title Tip: Unlocking Savings with Texas Tax Exemptions for New Homeowners – CandysDirt.com

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2023 DFW Real Estate Year-End Stats at a Glance

Our third annual stats report of the DFW real estate market is here!

We’ve taken our monthly stats-at-a-glance reports from January through December of 2023, totaled, averaged, and compared the data to the numbers from 2022.  The result is an annual report of the DFW real estate market in 2023.  

For more stats information, pdfs and graphics of our stats including detailed information by MLS area and condo stats, visit the Resources section on our website at DFW Area Real Estate Statistics | Republic Title of Texas.

Class-Calendar-Blog-Header

February Class Calendar

Republic Title is pleased to offer a variety of continuing education classes for our customers. Join us in January for classes including:

RPR Mobile Rapid Rundown
Whether you’re scanning the MLS for the freshest listings, digging up off-market gems, or dishing out rapid-fire answers on property histories, valuations, and neighborhood schooling, RPR® Mobile has your back. This course is your ticket to mastering RPR’s® mobile application in the real-world hustle of property dealing.
February 6th
10:00 am – 11:00 am
Zoom

Maximize Productivity with ChatGPT
Teaching real estate agents to use ChatGPT can improve their overall effectiveness and efficiency in serving clients. Come to this class to learn the many ways ChatGPT can help you create better listing descriptions, social media posts, scripts for videos & blogs, ad copy and so much more.
February 7th
11:00 am – 12:00 pm
Republic Title Southlake Office

Death, Divorce & Real Estate
Join us to learn important laws surrounding death and divorce such as separation, homestead issues, community property and probate.
February 7th
12:00 pm – 1:00 pm
Republic Title Frisco Office

Home Surveillance – Legal Issues
Join us for this class which focuses on the specifics of home surveillance and potential legal issues that arise from unlawful recordings of video or audio or both when an agent is showing a house or listing a house.
February 13th
10:00 am – 11:00 am
Zoom

Top Ten Contract Addenda
Join us to review 10 of the most commonly utilized TREC contract addenda including Third Party Financing Addendum, Addendum for Backup Contract and more. APPROVED TREC CONTRACT COURSE
February 13th
10:00 am – 11:00 am
Republic Title Preston Legacy Office

What to Expect from a Home Inspection
1. What an inspector does and does not inspect
2. Common defects or safety issues found in the home
3. How to prepare your clients for the home inspection
4. Limitations for a home inspection
5. Optional services that are offered
February 14th
12:00 pm – 1:00 pm
Republic Title Uptown Office

The Prospecting Game
If we are not prospecting we are dying and having a traceable, systematic approach to it will help organize and elevate your business. In this class, Shaun Neidigh, VP/Business Development will discuss an 8-week, step by step program and best practices that will surely elevate you to new heights in your business.
February 15th
10:00 am – 11:00 am
Republic Title Prosper Office

Backup, Contingent & Multiple Offers
APPROVED TREC CONTRACT COURSE
This class will prepare licensees to handle the unique aspects of backup, contingent and multiple offer transactions by reviewing pertinent TREC addenda along with critical dates and deadlines.
February 20th
10:00 am – 11:00 am
Zoom

Instagram Reels for Real Estate Agents
If you’re looking to connect with more buyers and sellers while growing your brand, then Instagram Reels could be for you. Reels is a powerful way to cast a larger net to grow your followers and to showcase your listings to a wider audience. In this course you will learn the quick and easy steps to create a reel and given examples of content ideas so you can get started today.
February 21st
2:00 pm – 3:00 pm
Republic Title Frisco Office

Free Tools to Supercharge Your Marketing
Check out our curated list of the real estate marketing resources you can start using today to supercharge all your marketing efforts, without emptying your bank account.
February 22nd
10:00 am – 11:00 am
Zoom

8 Ways to Elevate Your Business with Video
Video is changing the game in the world of real estate and if you are not careful you will be left behind. Having a simple yet effective video campaign to engage your sphere and reach new targets allows you as a realtor to concentrate on more revenue-producing activity. In this class with Shaun Neidigh, VP/Business Development we will explore 8 ways/topics that will add value to you and your business for the coming year.
February 22nd
10:00 am – 11:00 am
Republic Title Prosper

Maximize Productivity with ChatGPT
Teaching real estate agents to use ChatGPT can improve their overall effectiveness and efficiency in serving clients. Come to this class to learn the many ways ChatGPT can help you create better listing descriptions, social media posts, scripts for videos & blogs, ad copy and so much more.
February 27th
10:00 am – 11:00 am
Republic Title Preston Legacy Office

Escape Hatches for Buyers
APPROVED TREC CONTRACT COURSE
In this class licensees will become familiar with specific conditions & contingencies within the contract and related addenda that, if not adhered to, could result in a Buyer’s valid termination of the contract.
February 28th
10:00 am – 11:00 am
Republic Title Preston Uptown Office

Romantic-Restaurants

Romantic Restaurants in DFW

Looking for a romantic spot to celebrate Valentine’s Day in DFW? We’ve got you covered! Check out our list of charming restaurants perfect for a memorable evening. Whether you forgot to book or just need some fresh ideas, this guide will help you find the perfect place to wine and dine your special someone.

III Forks Prime Steakhouse
Chophouse & Seafood
Frisco

Bob’s Steak and Chop House
Chop & Steakhouse
Plano – Dallas – Grapevine – Fort Worth- Grapevine- McKinney

Boulevardier
Upscale French Bistro Fare
Dallas

Bugatti Ristorante
Italian Old- World Eatery
Dallas
bugattis.net                     

Dakota’s Steakhouse
Subterranean Seafood & Steakhouse
Frisco-Dallas
dakotasrestaraunt.com

Dee Lincoln Prime
Steakhouse & Sushi Bar
Frisco
deelincolnprime.com      

Del Frisco’s Double Eagle
Chophouse & Seafood
Plano- Frisco- Dallas- Irving-Fort Worth
Delfriscos.com                   

DragonFly
New American with Asian Influences
Dallas
Hotelzaza.com                   

Eddie’s Napolis
Homespun Italian & Pizza
Frisco- Garland- Prosper
Eddiesnapolisitalianrestaurant.com  

Fearing’s Restaurant
Elevated American with No Borders
Dallas
Fearingsrestaraunt.com              

Gemma
Cali- Inspired New American
Dallas
Gemmadallas.com                            

Harvest **ONLY OPEN FOR BRUNCH
Locally Sourced Seasonal American
Dallas
Harvesttx.com                                   

Jasper’s
Seasonal American Comfort Food
Richardson
Jaspersrichardson.com                  

Kai
Pan-Asian Dining
Plano
Kailegacywest.com                          

Lavendou Bistro
French Bistro with Provencal Fare
Dallas
Lavendou.com                                   

Lucia
Innovative Italian Fare
Dallas
Luciadallas.com                                 

Maguire’s Bistro and Bar
Steakhouse & Seafood
Dallas
Maguiresbistro.com 

Mercat Bistro
French Favorites & Parisian Style
Dallas
Mercatbistro.com 

Mio Nonno Trattoria
Updated Italian and Wood Fire Pizza
Allen- Flower Mound
Miononno.com 

Ocean Prime
Classic Steak & Seafood
Dallas
Ocean-prime.com 

Perry’s Steakhouse
Seafood & Chop House
Dallas- Frisco- Grapevine 

Rick’s Chophouse
Classic Steakhouse
McKinney
Rickschophouse.com

Rise No 1
French Classics & Souffles
Dallas
Risesouffle.com 

SER
Steakhouse with Prime Cuts & Seafood
Dallas
Sersteak.com 

Sixty Vines
New American Kitchen
Dallas
Sixtyvines.com 

Souk
Moraccan Street Eats
Dallas
Soukdallas.com 

The French Room
Fine French Dining
Dallas
Adolphus.com 

The Mansion Restaurant
New American Cuisine with Regional Flare
Dallas
Rosewoodhotels.com 

The Oceanaire Seafood Room
Seafood & Steakhouse
Dallas
Theoceanaire.com 

Terilli’s
Vibrant Italian Eatery
Dallas
Terillis.com 

Toulouse
French Bistro Classics
Dallas
Toulousecafeandbar.com 

Truluck’s
Seafood & Steakhouse
Dallas- Southlake
Trulucks.com 

Uchi
Modern Japanese Cuisine
Dallas
Uchi.uchirestaurants.com 

Yao Fuzi
Creative Chinese Cooking
Plano
Yaofuzi.com 

Zin Zen Wine Bistro
New American Bites
McKinney
Zinzenwine.com 

Il Calabrese
Italian Tuscan Cuisine
Southlake
Calabresetx.com 

Chez Fabien
French Cuisine
Grapevine
Chezfabienbistro.com 

Barley & Board
American Bar & Charcuterie
Denton- The Colony
Barleyandboard.com 

Texas American Steakhouse
Richardson
Thesonoftexas.com 

The Gin
American
Prosper
Theginprospertx.com 

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Spotlight on Las Colinas

Whether you’re a lifelong resident or new to the area, there’s always something new to discover about your neighborhood.  With that in mind, we created a Fast Facts sheet for cities and neighborhoods all over the DFW area. Our DFW Area fast facts have detailed real estate insights, things to do, places to shop and some of our favorite restaurants in each area.

Las Colinas, Texas, is a planned community and upscale neighborhood in the city of Irving, part of the Dallas-Fort Worth metroplex. It’s known for its stunning urban design, scenic canals, and impressive corporate offices. Las Colinas offers a mix of luxury residential living, high-end hotels, and a variety of dining and entertainment options, making it a sought-after destination for business travelers and residents looking for a sophisticated and vibrant urban lifestyle.

Head to our website now to get all the details you need to stay up-to-date and in-the-know about your local neighborhood. Your community is waiting for you! republictitle.com/dfw-area-city-fast-facts

POPULATION

38K

AVERAGE HOUSEHOLD INCOME

$96K

MEDIAN AGE

32

HOUSING

26% OWN
74% RENT

AVERAGE SALES PRICE

$451K

AREA ACTIVITIES & FEATURES

• MANDALAY CANAL
• TOYOTA MUSIC FACTORY
• STUMPY’S HATCHET HOUSE
• THE MUSTANGS OF LAS COLINAS
• LAS COLINAS FLOWER CLOCK
• CAMPION TRAILS
• LAS COLINAS COUNTRY CLUB
• WATER STREET | DINING & ENTERTAINMENT
• LAKE CAROLYN | STAND UP PADDLE NORTH TEXAS
• TPC LAS COLINAS
• COTTONWOOD VALLEY GOLF COURSE

FAVORITE LOCAL DINING & DRINK SPOTS

• THE RANCH AT LAS COLINAS • WHISKEY CAKE • YARD
HOUSE • VIA REAL • CORK & PIG TAVERN • PACIFIC TABLE •
• THIRSTY LION GASTROPUB • KITCHEN 101 • HUGO’S
INVITADO’S • ITALIAN CAFE • ANDALOUS MEDITERRANEAN
GRILL • ORIGINAL CHOP SHOP • THE RESERVE • BLAZE
BRAZILIAN STEAKHOUSE • THE SPIRIT GRILLE • NOSH &
BOTTLE MARKET • ZEYTIN • GO FISH POKE • TACOMEX •
• TWO MULES CANTINA • MESA MEZCAL • MEXICAN SUGAR
• LRH RESTAURANT & BAR • YUMMY THAI • CAJUN CRAB •
• MICHAELS OF LAS COLINAS • EDOKO OMAKASE • JAM &
TOAST • CANAL SIDE CAFE • FAJITA PETE’S • GINGER MAN •

AVERAGE DRIVE TIMES

• DOWNTOWN DALLAS | 27 MINUTES
• DALLAS LOVE FIELD AIRPORT | 17 MINUTES
• DFW INTERNATIONAL AIRPORT | 7 MINUTES
• AT&T STADIUM & GLOBE LIFE FIELD | 20 MINUTES
• DOWNTOWN FORT WORTH | 35 MINUTES

**Print Version

Texas-Housing-Insight-November-2023

Texas Housing Insight November 2023 Summary

The housing market remains tight despite mortgage rates falling from their elevated levels. Home sales decreased just shy of 1 percent month over month (MOM). Prices did not fall alongside sales as most of the state experienced minimal change in prices. Construction permits plummeted in November despite construction starts increasing. Homes sat on the market for less time as average days on market continued its decreasing trend observed this year.

Home Sales Fall as Listings Increase

Mortgage rates fell this month, but their elevated level remains problematic for homebuyers as Texas’ total home sales fell 0.9 percent MOM to 25,916 sales in November (Table 1). Among the Big Four, Dallas reported the only increase in home sales, rising 2.3 percent to 7,363 sales. Austin fell 4.4 percent, and San Antonio reported its second straight month of significant decreases, plummeting 8.9 percent. The gap between Dallas and Houston widened as both continued to move in opposite directions. High mortgage rates have created an affordability problem, with people needing to spend more of their total income on affording a median-priced home.

The state’s average days on market (DOM) fell to 51, continuing the decline observed in 2023. For the past seven months, readings have gone from 59 to 51 days, indicating a shorter listing period. Among the major metros, Austin (75 days) and San Antonio (70 days) reported DOM significantly above the state average, while Houston (43 days) and Dallas (46 days) experienced minor fluctuations from the previous month.

Housing supplies are stocking up as active listings marked their sixth straight month of increases, climbing to 104,058 listings. This is the first time in four years supply has hit six-digit numbers. All four major metros posted monthly gains with Dallas adding 1,949 listings (9.1 percent) while Austin added fewer than a hundred homes for the third consecutive month. The constant increases since the start of 2023 have put the state’s active listings at January 2019 levels.

The state’s new listings rose 1.85 percent to 43,255 in November. San Antonio contributed heavily to this jump, rebounding from last month’s fall with a 9.4 percent increase. Dallas’s numbers remained unchanged from October. Amid the rise in active listings, the months of inventory (MOI) had a small increase to 3.7 months with all four major metros also posting small increases.

Mortgage Rates Fall from Peak Values

As news broke that the Fed might be finished with their rate hikes, treasury and mortgage rates fell. The ten-year U.S. Treasury Bond yield fell 30 basis points to 4.5 percent. Likewise, the Federal Home Loan Mortgage Corporation’s 30-year fixed-rate fell 18 basis points to 7.44 percent. The decreases across the board signal an increase in housing affordability.

Mixed Single-Family Construction Activity

Texas’ single-family construction permits fell 1.7 percent MOM to 12,418 issuances. Both Austin and San Antonio had MOM dips falling 7 percent and 16 percent, respectively. Houston was essentially unchanged with only a 0.3 percent decline while Dallas grew by 1.3 percent.

Construction starts grew while construction permits fell, according to data from Dodge Construction Network. Single-family starts increased 1.1 percent MOM to 11,744 units. Both Dallas (3,393 starts) and Houston (3,510 starts) continued to outperform the rest of the state, combining for 58 percent of the total starts. Austin increased its lead over San Antonio, with 1,647 starts approaching a 3:1 ratio compared to San Antonio. Historically, Austin’s advantage has been about 2:1 in total starts.

The state’s year-to-date total single-family starts value climbed to $27.7 billion, up from $25.4 billion in October. Starts values have been mirroring 2019 values since May, remaining within $1 billion dollars from the observed 2019 values. Houston and Dallas both accounted for 30 percent of the state’s construction activity values.

Median Home Price Steady Across the Big Four

Texas’ median home prices recorded a modest decline, falling 0.1 percent to $334,600 (Table 2). All of the Big Four recorded marginal changes of less than 1 percent, with Dallas exhibiting the only increase in price at 0.9 percent. Austin’s home prices have come down significantly from the highly inflated 2022 prices, although remain elevated from pre-COVID prices.

Home prices continued to hover around $200,000-$300,000 and $300,000-$400,000, accounting for 26 and 24 percent of total home sales, respectively.

The Texas Repeat Sales Home Price Index (Dec 2004=100) fell 0.9 percent MOM but remains 2 percent up from the previous year. Houston had the highest annual appreciation at 2.6 percent YOY increase while Austin showed the lowest annual appreciation at negative 3 percent.

Source – Joshua Roberson and Koby McMeans (January 24, 2024)

https://www.recenter.tamu.edu/articles/technical-report/Texas-Housing-Insight

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December 2023 DFW Real Estate Stats

In December 2023, real estate statistics across various counties showed mixed trends. In Collin County, new listings increased by 15%, active listings rose by 13.8%, and the average sales price went up by 3.5% to $569,839. However, there was a 2.1% increase in days on market, reaching 49 days. Price per square foot also saw a 5.8% uptick at $220, while closed sales experienced a slight decrease of 0.1%, totaling 1083.

Dallas County witnessed a 14.6% increase in new listings, with active listings up by 16.8%. The average sales price soared by 15.8% to $518,225, and the price per square foot rose by 7.1% to $225. Days on market increased significantly by 10.8%, reaching 42 days, while closed sales declined by 8.9%, totaling 1345.

Denton County reported a more modest increase in new listings at 2.9%, with active listings up by 2.5%. The average sales price grew by 4.7% to $549,571, and the price per square foot increased by 2.4%. Days on market experienced a 1.9% rise, averaging 54 days. However, closed sales saw a substantial decline of 16.2%, totaling 912.

Rockwall County saw a 7.7% increase in new listings, but total actives were down by 6.4%. The average sales price rose by 4.1% to $479,202, and the price per square foot increased by 1.1%. Days on market surged by 25.9%, averaging 73 days, while closed sales declined by 10.4%, totaling 164.

In Tarrant County, new listings decreased by 2.3%, but total active listings went up by 7.8%. The average sales price, price per square foot, and days on market increased by 1.1%, 1.1%, and 4.3%, respectively. Closed sales, however, experienced a notable decline of 10.2%, totaling 1534.

Our stats infographics include a year over year comparison and area highlights for single family homes broken down by county. We encourage you to share these infographics and video with your sphere.

For more stats information, pdfs and graphics of our stats including detailed information by county, visit the Resources section on our website at DFW Area Real Estate Statistics | Republic Title of Texas.

For the full report from the Texas A&M Real Estate Research Center, click here. For NTREIS County reports click here.

Katherine

Katherine Montgomery Joins The North Dallas Office

Please help us welcome Katherine Montgomery, Senior Vice President/Branch Manager, to the Republic Title North Dallas office! 🌟
 
With over 25 years of dedicated experience in the title insurance industry, Katherine brings a wealth of knowledge, a commitment to excellence, and an unwavering dedication to customer service that has earned her a stellar reputation. We want to express our appreciation to North Dallas Branch Manager Denise Sherwood, who will continue to be a valuable presence in the office, working alongside Katherine during this transition period.
 
Welcome to the team Katherine!
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Tips From Republic Title for Understanding and Preventing Wire Fraud

Real estate transactions are significant financial undertakings, making them attractive targets for fraudsters. That’s why the Title Underwriting and Legal team at Republic Title is looking to protect its customers with these tips and consumer information.

Among the various types of fraud, wire fraud has become increasingly common in real estate transactions in recent years. While exact statistics can be hard to come by due to underreporting, the FBI reported in 2020 that victims lost over $200 million to real estate wire fraud alone. This significant sum underscores the scale of the problem.

How Wire Fraud Occurs

Wire fraud in real estate transactions often involves criminals attempting to manipulate the financial aspects of the transaction. Here’s how it typically happens:

1. Impersonation: Fraudsters may impersonate legitimate parties involved in the transaction, such as real estate agents, title company representatives, or even the buyers and sellers themselves. They send convincing emails or text messages that appear to be from these trusted sources.

2. False Wire Instructions: Once they’ve gained trust, the criminals send false wire instructions, either requesting a change in account details or directing the victim to wire funds to a fraudulent account. These instructions often contain convincing details about the transaction.

3. Urgency and Pressure: Scammers often use tactics that create a sense of urgency and pressure victims to act quickly, leaving them with little time to question the authenticity of the requests.

4. Lack of Verification: Victims may not independently verify the instructions due to the perception that they are dealing with trusted parties, relying solely on email or other electronic communication for confirmation.

Preventing Wire Fraud

Preventing wire fraud in real estate transactions requires vigilance and adherence to best practices:

1. Independent Verification: Always verify wire transfer instructions independently, ideally through a phone call using a previously provided phone number. Avoid relying solely on email communication or text messages, as it can be compromised. 

2. Secure Communication: Use secure and encrypted communication channels when sharing sensitive financial information. This ensures that your conversations remain confidential and protected from eavesdropping.

3. Education and Awareness: Stay informed about common wire fraud tactics and red flags. Look out for unusual or unexpected changes in wire instructions and urgent requests for funds. Encourage all parties involved in the transaction to do the same.

What to do if You Are The Victim

If you discover that funds have been transferred to a fraudulent account, contact your bank or the money transfer company immediately. Ask the bank or money transfer company to attempt a wire recall. Contact your local FBI, State Attorney General’s office, and the FTC to report the fraud. File a complaint, regardless of the dollar amount, with the FBI’s Internet Crime Complaint Center at www.ic3.gov. Part of the mission of ic3 is to provide the public with a reliable and convenient reporting mechanism to submit information to the FBI concerning suspected criminal activity. Information is analyzed and used for investigative and intelligence law enforcement purposes and for public awareness. 

Wire fraud is a significant threat in real estate transactions due to the potential for substantial financial losses. Understanding how it occurs and implementing preventive measures is crucial to safeguarding your investments. By adopting independent verification, secure communication, education, and confirmation of contacts, you can reduce the risk of falling victim to wire fraud. Additionally, the Republic Title Underwriting and Legal team is available to answer your questions and be a resource for you in working towards a smooth closing. Republic Title’s team includes Matt Visinsky, Wade Bogdon, Jay Turner, Steve Holley, and Sarah Mann. 

Source: Candysdirt.com – Tips From Republic Title for Understanding and Preventing Wire Fraud – CandysDirt.com

Social-Media-Content-Calendar-Blog-Header

Social Media Content Planning

Have you been interested in upping your social media game but the prospect of planning your content seems overwhelming? Are you ready to have a more intentional marketing plan to reach your followers? Whatever your reason, we have put together a content calendar template to help you crush your social media goals this new year. Our content calendar has 30 days of great content ideas you can use as well as a longer list of items to help you brainstorm. Or use the second blank page to start building our your own custom content.

Click here to download the Content Calendar Worksheet