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Updated almost 8 years ago on . Most recent reply

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44
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7
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Ofir R.
  • Investor
  • Tel Aviv, IL
7
Votes |
44
Posts

Wiring directly to title

Ofir R.
  • Investor
  • Tel Aviv, IL
Posted

Hi Everybody,

As part of investment in property located on Jacksonville FL, I was asked to wire the money directly to the title company from my account to the title account. Is this an acceptable procedure? Should the money be wired true a trust company?

Many Thanks!

Most Popular Reply

User Stats

71
Posts
14
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Howard Greisman
  • Investor
  • Jacksonville, FL
14
Votes |
71
Posts
Howard Greisman
  • Investor
  • Jacksonville, FL
Replied

Hi, yes, this is an acceptable practice.   Just make sure the wire info is truly from the legit  title company   There are a lot of scams happening where you wire, but it's not the actual title company's info.  When I was asked to wire, I had the title company courier over night the wire info.  If not that, talk to them on the phone and get it.  Do this instead of just an email.  I hope this helps.  

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