Sensitive information plays a critical role in your real estate transaction, and it’s imperative to keep it safe. Recently, Rana Robillard, a Silicon Valley executive, lost nearly $400,000 in a sophisticated wire fraud scam while purchasing a home. Her story highlights the growing threat of cybercrime in real estate. Learn how to recognize common fraud indicators and protect yourself from similar scams. Stay vigilant, verify all wiring instructions, and use encrypted communication. Read more about her experience and essential safety tips on CNBC.

Navigating real estate transactions can be challenging, especially when sellers are out of the country. A Power of Attorney (POA) can streamline the process. This legal document allows one person to authorize another to act on their behalf, handling everything from financial decisions to property transactions. Understanding the different types of POA—General, Durable, Special, and Springing—can help ensure you're using the right one for your needs. In real estate, a Special POA is particularly useful for specific transactions, like selling a property when the owner is abroad, ensuring efficiency and legal security.