Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

113
Posts
26
Votes
Robert Sims
  • Rental Property Investor
  • Sugar Land, TX
26
Votes |
113
Posts

Is it safe for Investor Buyer pay with Company Check?

Robert Sims
  • Rental Property Investor
  • Sugar Land, TX
Posted

I'm selling my land investment to another investor. I typically request payment in the form of Cashiers Check or Wire Transfer. This investor only pays with a company check.

Is this normal? Do I have recourse if the check doesn't clear? I'm in Texas.

Most Popular Reply

User Stats

84
Posts
116
Votes
Nancy Truong
  • Attorney
  • Houston
116
Votes |
84
Posts
Nancy Truong
  • Attorney
  • Houston
Replied

This can easily be taken care of through a certified check, wire, money order, or cashier's check. etc. If the company is reputable and in good standing, possibly there won't be a problem but most transactions I've dealt with are the certified check, wire, money order, or cashier's check.

Loading replies...