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Updated over 5 years ago on . Most recent reply
Closing on a wholesale property
Hi Everyone! I'm getting ready to close on my first wholesale cash property and want to make sure that I am not missing anything. I was given the HUD-1 settlement statement and wiring instructions and am supposed to wire the money on Monday. Is there anything else I should be asking for before I wire the money? I would appreciate any advice and tips from the experts out there.Thank you!
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- Real Estate Professional
- West Palm Beach, FL
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If you were not handed the wiring instructions By Hand, call the title co. to verify wiring instructions. The latest fraud, going on for a few years, is scammers hacking title company and agent emails, sending you wiring instructions to the scammers bank....where it is gone forever.