Good Funds Law goes into effect April 6! No more certified checks

[Jeremy Janszen]

I'm an investor in Ohio and I just learned that the "good funds" law changes as of tomorrow requiring, primarily, that funds brought to closing be in the form of a wire transfer.  No more certified checks.  I believe this is a country-wide law change.  It appears that no one knows about this except title companies.  Neither my lender nor realtor gave us this knowledge.  We close on Friday,
April 7th, on a new property and were caught unprepared as we have our investor's check in hand, made payable to the title company, and it's not worth the paper it's printed on.  We'll have to go back and re-work that money.  Heads-up to all!