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Updated about 7 years ago on . Most recent reply

User Stats

38
Posts
7
Votes
George Gipson III
  • Vero Beach, FL
7
Votes |
38
Posts

Mail Away Closing does the seller have to wait to receive money

George Gipson III
  • Vero Beach, FL
Posted

Hi me and my wife are selling our first property. The seller is out of town so it will be a mail away closing. My agent also said that the person loan is also from out of state. I am in Florida. So my agent text me yesterday stating would i rather bring in a blank check for wiring our money or would we rather pick up the check a few days later. She states the wiring will be a lot faster but I don' t understand why we have to wait to get our money if they going to already have the keys. The agent say its because its a mail away and the buyer is not here. When we purchase the property the seller came and did his closing before us and left with his check. I don't understand why we can't get a check the same day as closing. Will somebody please let us know f this is normal to wait to receive your funds. What should we do just take the blank check and wait for wire transfer or should i be putting pressure towards getting our check at closing. Please help the closing is monday.

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