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Updated over 7 years ago,
TheEscrowProcess:No letterhead on Wiring Instrucs & more quests.
Hello Experience RE Investors & Proffessional
This is my first post, Im currently in escrow doing a cash deal. I have a few questions.
I went to sign escrow docs about 2 weeks before closing escrow, I was never mailed doc(fed ex would hv bn good ) prior to signing. A meeting was set up for me to sign docs, and briefly read docs as I was signing, the wire instructions were included.
Just prior to wiring funds , there was a warning about wire fraud , and I noticed that no letter head was included with the wiring instructions. Escrow company would not Fed Ex me over night a doc with wiring instructions and their letter head, I was making purchase out of state so I couldn't drive to escrow company.
Is it common for Escrow companies not to include letter head with wiring instructions? (Had to make special arrangements for them to accept a cashiers check with escrow acct info on check and got deposit slip from bank officer after verifying account with escrow company, I almost backed out of deal and it would have affected two other contingencies).
I have other questions in regarding the escrow process which I found unprofessional .