5,259,152
Cashier's checks, money orders or wire transfer...
And, yes, over half of my clients this year had to make other arrangements than personal checks in 2019!
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Abby Stiller
Cape Coral, FL
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Peter Testa
Danbury, CT
-
Kathleen Daniels, Prob...
San Jose, CA
-
Bob "RealMan" Timm
Minot, ND
-
Nina Hollander, Broker
Charlotte, NC
-
Candice A. Donofrio
Fort Mohave, AZ
-
Michael Jacobs
Pasadena, CA
4,584,946
The California purchase agreement states how the initial deposit will be handled typically after offer acceptance. It could be wired.
-
Abby Stiller
Cape Coral, FL
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Peter Testa
Danbury, CT
-
Kathleen Daniels, Prob...
San Jose, CA
-
Bob "RealMan" Timm
Minot, ND
-
Nina Hollander, Broker
Charlotte, NC
-
Debe Maxwell, CRS
Charlotte, NC
1,507,223
We haven't seen an EMD personal check in a LOOONG time. It's all done by wire out here in Cali. That's the default in the contract.
-
Anna "Banana" Kruchten
Phoenix, AZ
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Bob "RealMan" Timm
Minot, ND
-
Lyn Sims
Schaumburg, IL
-
Nina Hollander, Broker
Charlotte, NC
-
Candice A. Donofrio
Fort Mohave, AZ
-
Michael Jacobs
Pasadena, CA
3,350,914
Funds are wired to the title/escrow company. That is the default in our CA Purchase Agreement.
-
Anna "Banana" Kruchten
Phoenix, AZ
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Peter Testa
Danbury, CT
-
Kathleen Daniels, Prob...
San Jose, CA
5,247,618
Electronic transfer such as Zelle.
-
Michael Jacobs
Pasadena, CA
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Bob "RealMan" Timm
Minot, ND
-
Nina Hollander, Broker
Charlotte, NC
-
Candice A. Donofrio
Fort Mohave, AZ
-
Debe Maxwell, CRS
Charlotte, NC
1,555,300
Ummmm...really? As a buyer, you wire your funds in SoCal. We haven't accepted paper currency of any kind in 10 years. Once in a blue moon some goof ball ignores the RPA and shows up with a cashier's check and we often decline them unless an exception makes sense and the sellers approve.
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Anna "Banana" Kruchten
Phoenix, AZ
-
Bob "RealMan" Timm
Minot, ND
-
Nina Hollander, Broker
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Ryan Huggins - Thousan...
Thousand Oaks, CA
-
Thomas J. Nelson, REAL...
La Jolla, CA
907,887
Some of our preferred closing attorneys allow em to be deposited direct into their accounts. I haven't used that service yet. Otherwise, these kids can get checks from their bank, get cashiers checks or get money orders.
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Michael Jacobs
Pasadena, CA
-
Peter Testa
Danbury, CT
-
Bob "RealMan" Timm
Minot, ND
-
Nina Hollander, Broker
Charlotte, NC
-
Debe Maxwell, CRS
Charlotte, NC
536,943
money order
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Anthony Acosta - ALLAT...
Atlanta, GA
-
Bob "RealMan" Timm
Minot, ND
-
Nina Hollander, Broker
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Ernie Steele
Lebanon, PA
6,426,360
Cashiers checks and checks from a relative.
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Bob "RealMan" Timm
Minot, ND
-
Nina Hollander, Broker
Charlotte, NC
-
Ernie Steele
Lebanon, PA
-
Michael Jacobs
Pasadena, CA
1,598,452
Wire transfer to Title company only
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Abby Stiller
Cape Coral, FL
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
3,142,656
Wiring funds directly to Trust account.
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Abby Stiller
Cape Coral, FL
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Peter Testa
Danbury, CT
5,117,828
My office does not hold earnest money. Settlement attorneys will hold it... and they will take a wire or a cashier's check (depending on the amount).
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Abby Stiller
Cape Coral, FL
-
Michael Jacobs
Pasadena, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Bob "RealMan" Timm
Minot, ND
1,057,824
I'm a BOOMER and am virtually done with paper checks myself. I have a few paper checks left and they will last me a million years.
I Bill Pay my bills, Paypal vendors, or I just hand them cash and a receipt to sign.
Lease deposits are still certified bank check.
Wire transfers are the norm for earnest deposits in sale transactions here . . .
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Ron and Alexandra Seigel
Carpinteria, CA
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Nina Hollander, Broker
Charlotte, NC
3,416,088
I just went through this with 3 recent buyers. One buyer got a cashiers check, they were easy. The other buyer refused to pay for it. He wired money to my account and then i wrote a check. The last buyer came in with cold hard cash. The closing company would not take cash. That we are working out now.
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Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Nina Hollander, Broker
Charlotte, NC
-
Debe Maxwell, CRS
Charlotte, NC
2,163,933
Wire transfer into escrow account at title company.
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Nina Hollander, Broker
Charlotte, NC
-
Candice A. Donofrio
Fort Mohave, AZ
231,948
Wire the money into escrow even though that will set them back another $35 for doing so (at least that is the cost in my area). Or, save themselves the $35 and go to their own bank and buy a cashier check, then hand deliver it to escrow. NO MONEY orders. Or as a last resort, use a friendly relative that has a check account even though that in itself, creates additional paperwork.
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Nina Hollander, Broker
Charlotte, NC
-
Debe Maxwell, CRS
Charlotte, NC
2,071,025
Only wire transfer.
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Michael Jacobs
Pasadena, CA
-
Abby Stiller
Cape Coral, FL
-
Anthony Acosta - ALLAT...
Atlanta, GA
760,185
Wire transfer is the preferred method.
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
7,872,838
Money orders.
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Anthony Acosta - ALLAT...
Atlanta, GA
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
1,712,876
Everything is wire transfer.
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
5,583,328
many wire funds.....
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
1,729,017
Wire transfers are preferred. Our office provides nothing in regard to this...Thankfully!
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Anthony Acosta - ALLAT...
Atlanta, GA
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
1,202,852
Cashiers checks, wire
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Anthony Acosta - ALLAT...
Atlanta, GA
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
617,935
Well I guess Colorado Springs is right there with Ohio.
I have yet to have a client, including many young buyers who didn’t have a check book.
I wonder what else we’re behind on.
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Debra Leisek
Homer, AK
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Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
2,403,662
I never had that problem when I was an active broker Liz and Bill Spear BUT when a buyer was strapped for cash we often used promissory notes.
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Abby Stiller
Cape Coral, FL
-
Peter Testa
Danbury, CT
-
Michael Jacobs
Pasadena, CA
854,022
No wiring EMD here. In this situation, we request a bank check.
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
3,627,272
Wire, money order or cashier's check if they don't have a personal check.
-
Bob "RealMan" Timm
Minot, ND
-
Nina Hollander, Broker
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
620,692
Money order
-
Bob "RealMan" Timm
Minot, ND
-
Nina Hollander, Broker
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
890,030
We can let them wire it to our account
A cashier check
They can drop it into out account at the bank
we even take cash (Gasp) on smaller land deals or owner financed
No Trucks
no livestock
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Bob "RealMan" Timm
Minot, ND
-
Nina Hollander, Broker
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
632,508
I have not seen that here in Coastal NC. We are mainly a retirement and second home market. Most of our buyers are older!
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Bob "RealMan" Timm
Minot, ND
-
Nina Hollander, Broker
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
789,031
Wire transfers, cashier checks, money orders.
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Michael Jacobs
Pasadena, CA
2,222,281
1. Cashier's check
2. Money Order
3. Wire Transfers
-
Michael Jacobs
Pasadena, CA
-
Anthony Acosta - ALLAT...
Atlanta, GA
5,773,392
Wire
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Michael Jacobs
Pasadena, CA
195,522
Go to the post office and get a money order. But I guess if you don't have a checkbook, you probably aren't a regular at the post office either. ;)
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Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
1,848,051
Actually it's a money order from Walmart for like 89cents. Don't take cash but that is the fastest as you are right, no one has a checkbook.
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Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
1,326,769
By far, most EMDs are sent by wire directly to the escrow company.
-
Michael Jacobs
Pasadena, CA
1,037,837
3,168,314
341,500
In my market attorney's deal with Earnest money- though it's typically personal check, wire transfer or cashier's check (based on my interactions with the clients and attorney's).
5,879,946
I have had several of these buyers, and they have their bank wire the funds.
8,092
63,441
My preferred title company accepts digital deposits via ZOCCAM. Option fees are typically done by check or Zelle.
767,089
Our contract default so wiring funds to escrow for the good faith deposit.
3,590,991
Bliz almost all folks wire funds to escrow after acceptance of offer and it states that in the contract. Typically within 24 hours or over a holiday they'll be given more time. Only once in many years as somebody failed to do so and the seller served a 'cure notice' and contract fell through and we got another buyer the next day.
4,969,061