Critical Data and Rates

Active Listings: 241
Pending Listings: 181
Demand Rate: 75%

15 Year Mortgage Rate: 4.25%
30 Year Mortgage Rate: 4.75%

Real Estate Transactions… WIRE FRAUD

Active Alert….Current Alert

In preparation and execution for a Real Estate transaction, buyers may have their required funds for closing/settlement wired to the closing company.

In preparation and execution for a Real Estate transaction, sellers may opt to have their proceeds from the closing/settlement wired to their account.

The simple definition of Wire Fraud….”a unrelated party to the transaction attempts to steal funds, via digital and voice scamming”.

Nefarious actors have and continue to attempt wire fraud in our community
during Real Estate transactions. They will hack into email addresses of transaction service providers, secure transaction details and then “acting as that provider”, will instruct the consumer or closing company(or other relative service providers) to wire funds to untraceable accounts.

The newest version of these scams, has included “actual verbal conversations”, with the perpetrators calling consumers and “acting as the Realtor or Closing Agent” and passing along false Wiring Instructions.

The Bottom Line to my clients and anyone wiring funds for any reason at anytime… double and triple checks and balances ARE REQUIRED.

Never authorize the wiring into or out of any of your accounts without multiple layers of confirmation. Never assume an email or Phone call with wiring instructions from your Realtor, Closing Company/Attorney(or any other service provider) is legitimate.

Winter is Coming

Seems like you have seen/heard this before, right?

Correct! Everyone needs an occasional reminder

Sometimes…I just don’t think folks take this reminder seriously enough.

Please take a few moments to review these seasonal prompts and take action!

Family Calendar…

Each Year I mail out Family Calendars to my Centre County past and current clients.

I always select the “American Panorama” calendars, which are photos of the beautiful natural landscapes of the United States.

They will arrive to you the last week in November.

I took the above photo a week or so ago at Wolf Creek Pass in Colorado.

This Month’s Prize Draw Winners

This month’s winners of the $50 Facia Luna gift cards are Marty Zahuranec and Jeff Coslocongratulations!

Next Month’s Prize

1 winner will receive a $100 State Store gift card.

To enter the prize draw, you need to join my newsletter (bottom of the page) and then simply reply to the Monthly Value Message email that is sent.

“I could agree with you, but then we’d both be wrong.”

– Harvey Specter

Todd is honest, hard working, dependable, fiercely intelligent, and extremely knowledgeable of the residential real estate business.

Cate, STATE COLLEGE

I trust Todd’s professional expertise, experience and thorough knowledge of the State College real estate market when buying or selling. I wouldn’t use any other real estate agent.

Gregory, STATE COLLEGE

You’re so good at keeping in touch, Todd.
Thanks!

Betsy, STATE COLLEGE

RECEIVE YOUR MONTHLY VALUE MESSAGE

Our monthly value message is packed with useful information. You’ll be the first to know the latest market trends and current mortgage rates along with upcoming open houses that you can view.

I certainly will not share your information with anyone else and promise to send you only valuable and relevant information.