Wire transfer, call recipient before and after.
I know someone who had funds stolen, FBI returned the money.
3 day window to track down the $

Two week ago, I owned 3 houses. We just closed on the selling of our NJ home. We used a wire for the buying one for all cash and half down on the other and a check for the selling. It took a few days for the check to make it's way from NJ to here, but it's deposited now. Our lawyer (NJ real estate sorta requires a lawyer, Fl does not) would not wire the proceeds from the sale unless we signed a paper holding him harmless if it got stolen somehow. We just took the check, shrug.

Wire, three days ahead and then call the receipting bank to confirm, and always keep the wiring receipt

Call the Closing Department and ask. They’ll tell you what they require and suggest.

Why would you rely on what someone tells you here?

Hi. Do your research, including a chat with your real estate agent, title company and your bank. It seems wire transfer a few days in advance of the transaction is the preference. Excerpt below from a Florida Title Company.

“At *** of South Florida, we’ve used both wire transfers and cashier’s checks in the past, but like most title companies, we now require wire transfers for all of our real estate closings. They have proven to be the most reliable and safest choice for transferring money at closing.”

Good summary of pros and cons of checks and wire transfers from the same.

Cashier’s Check vs. Wire Transfer: Which Is Safer for Your Real Estate Closing? - Title Partners of South Florida

We used wire transfer a few days before closing as our bank, real estate agent, and title company all recommended wire transfer over a bank check.

Good luck!

Test transfer????? If you dont trust your bank that much, then use a cashiers checks

Suitcase:boom:

It is very easy to transpose numbers when setting up the wire transfer or even misunderstand the wiring instructions. It isn’t the bank, it is the user.

Wire Transfer
 

Wire transfer, while at the bank I called the escrow company and made sure the instructions were correct. We were in another State when we closed, we really didn’t have a choice. If I was attending the closing I would of brought a cashiers check with me.

Wire transfer - because of Covid we weren't able to do anything else because we are in the UK and don't have a chequebook (they are not used in the UK anymore - so last century:1rotfl::1rotfl::1rotfl:

We did a wire transfer last October. The bank handled everything. We were in and out of the closing in 15 min. Basically had our photos taken for ID cards and signed a few papers. Walked across the street and bought a golf cart. We did a walk through the night before on a house that was turn key. We had arrived with our suit cases and golf clubs, the only things we had to buy for the house were a tea pot, an ironing board and a Mr. Coffee.

Exactly. I estimate that there have been approximately 800 electronic transfers with my checking account, excluding electronic bill pay. Including electronic bill pay, who knows, thousands?? I pay my quarterly estimated taxes electronically. I have never seen an issue.

Close
 

We closed 4 weeks ago. We handed them a cashier check and they handed us the keys. We bought a new house in Hawkins.

paid cash

We closed in February, first time buyers of real estate in TV.

We were told "wire transfer"...no choices. This is how it's done. That's what we were told.

I can't remember if that was the decision of the title company. It was a MLS listing, not through The Villages Realty.

I remember being uncomfortable with it. Never did it before and it seemed like some potential for screw up existed. I also seem to remember some documents signed that basically said "IF we screw this up, it's not our problem"...lots of fun.
But, it all worked out.