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Updated over 3 years ago,
Wiring money to title company vs handing a bank check
Hi,
I'm buying a property in NJ and paying all cash. My attorney's office says I need to wire the money to the title compancy. They have already sent me the wiring instructions. I feel way more comfortable getting a bank check and have mentioned this to the attorney's office but I'm told that it has to be wired. They say the title company won't wait for the check to clear.
Is this common practice today - title company won't take bank check and just wire. In the past I've always used a bank check.
Any one else run into issue like this.
Thanks!