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Updated almost 4 years ago,
First Time Buyer - Paying Cash
Hello everyone! Hope everyone is having a prosperous 2021 so far.
We are ready to purchase our first rental property and we are paying with all cash. My question would be about the process.
I know the title attorney will do the title search and everything before the closing. We have done all the inspections.
What I am a little anxious about is getting the cash to the seller. I know a check is not being used nowadays. Forgive the super simple question. How do we pay? How do you guys do it with an all cash deal? Do you wire the money? Cashiers check? I'm just trying to protect the hard-earned funds.
Thank you so much everyone for inspiring me.
We are ready to purchase our first rental property and we are paying with all cash. My question would be about the process.
I know the title attorney will do the title search and everything before the closing. We have done all the inspections.
What I am a little anxious about is getting the cash to the seller. I know a check is not being used nowadays. Forgive the super simple question. How do we pay? How do you guys do it with an all cash deal? Do you wire the money? Cashiers check? I'm just trying to protect the hard-earned funds.
Thank you so much everyone for inspiring me.