Real estate blog entries tagged with wire transfers by John Bethell (John Bethell Title Company, Inc.)

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wire transfers: Ask the Title Guy - How do I make sure that my closing is wired? Part 3 - 06/19/09 05:52 AM

Indiana's new Good Better Funds Law is effective July 1, 2009. Many of my clients are expressing concerns about back to back real estate closings and how to avoid long delays in funding while waiting for wire transfers to be received by the title company. If a chain of two or … (3 comments)

wire transfers: Ask the Title Guy - How do I make sure that my closing is wired? Part 2 - 06/12/09 05:19 AM

Beginning July 1, 2009 the logistics surrounding many Indiana real estate closings will become even more complicated. House Enrolled Act 1374 effectively requires that most funds received by a title company or settlement agent for a closing be wire transferred. Cashier's and certified checks will only be acceptable for amounts under … (1 comments)

wire transfers: Ask the Title Guy - How do I make sure my that closing is wired? Part 1 - 06/10/09 05:13 AM

I hope that by now all Indiana Realtors®, mortgage lenders and other real estate professionals know about Indiana House Bill 1374. This new law, which is effective on July 1, 2009, prohibits title companies from disbursing real estate closings without funds over $10,000 having been wire transferred to the title … (4 comments)

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