Quote:
Originally Posted by Escape Artist
Interesting you should bring this up. When my realtor told me I had to do a wire transfer, first for the deposit then for closing, I was taken aback. It seemed scam-like to me and I didn't understand why I couldn't get a cashier's check at my bank as there is a branch in TV. She kept saying, "that's the way it's done in Florida". I still don't get it.  |
I would not accept that information from an agent. The agent works for the seller, not you. I got a bank check from my local bank and brought it to the closing. It just makes more sense to hand over a check instead of relying on someone else handling a wire transfer. Also, I would not pay for the house until I was satisfied that the closing was handled properly, and the seller signed the papers. Things can go wrong at a closing, and what do you do if the money has already been transferred? It doesn't matter whether you are in Florida or any other state.