What are the chances...?
That your buyer or seller is on the US Terrorist funds list?
Every transaction in this Country is checked against the names on this 500 plus page listing at the Office of Foreign Assets Control. This office was created to track down & locate funds that are earmarked for terrorist activities or that belong to "Specially Designated Nationals and Blocked Persons".
I recall that after 9/11, while working for Fidelity National Title in Seattle the memo's were pouring in about this. 10 years later and nothing has changed - Are you interested in checking out this list? Here it is, save it as a favorite if you want to double check on the parties in your transaction before title or escrow has a chance to.
Also, I found this study by the 9-11 Commision on the financing of terrorists activities if you are interested in seeing what they found.
Enjoy!!
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