1,664,536
Title company holds the funds.
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Kevin J. May
Hobe Sound, FL
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Sandy Padula & Norm Pa...
, CA
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John McCormack, CRS
Albuquerque, NM
2,163,333
It puts it in the closing agent's account.
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Kevin J. May
Hobe Sound, FL
-
Sandy Padula & Norm Pa...
, CA
1,027,602
In Virginia, it would go to the title company, not to the seller.
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Kevin J. May
Hobe Sound, FL
-
Sandy Padula & Norm Pa...
, CA
368,326
i dont think so because title would have to close and record the deal on the following business day then they would distribute the funds to seller , have a good day Chris
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Kevin J. May
Hobe Sound, FL
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Sandy Padula & Norm Pa...
, CA
282,018
The funds go to the closing agent. In Michigan that would be the title company.
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Kevin J. May
Hobe Sound, FL
-
Sandy Padula & Norm Pa...
, CA
979,596
Chris and Dick - In Arizona the funds are held in escrow until closing, so the title company would have the funds.
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Kevin J. May
Hobe Sound, FL
4,800,132
I would assume that the wire transfer is going to the title co./attorney's escrow account and not to the sellers.
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Kevin J. May
Hobe Sound, FL
1,728,556
Not for us. The funds are held by the title/escrow company until closing occurs.
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Kevin J. May
Hobe Sound, FL
3,071,489
1,770,282
Funds aren't disbursed in Nevada until the sale closes and records. In your scenario, the wire would be held by the title company, a neutral third party.
913,818
No. Title companies here don't disperse funds until after deed is recorded. They have 48 hours to record, and money is held in their account until then.