[retiredguy123]

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.

[djcullen47]

Wire transfer with no problems.

[Westie Man]

100,000 extra appeared in my account . Don't remember if there was ever any explanation. A similar amount happened to a friend in the 70's.

[dewilson58]

Wire Transfers......there are safe ways and unsafe ways.

Cashiers' Checks...........there are safe ways and unsafe ways.


Write them a personal check, they will take.

[DaleDivine]

Wire transfer...

[jimkerr]

Wire transfer

[retiredguy123]

Wire transfer or bank check, both are fine. But, a buyer authorizing a transfer of hundreds of thousands of dollars before the closing has actually occurred is not fine with me. I would never do that. Lots of things can happen. Suppose the house burns down hours before the closing? How do you get your money back?

[IRISHGIRL3US]

Wire