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| *The Commerce Journal>>>Renting & Real Estate |
How long does it take for you to receive the check after a closing? |
we are closing on our home we sold tomorrow. You should receive a certified check AT the closing. As soon as all the paperwork is signed. You should have it in hand when you walk out. Depending on your state laws and the lender dis pursing funds you could have your check same day or Monday. If you are a wet state then you should be funded at the table. If not then 24 hours later you will be funded. On All refinances you will be funded 4th business day after signing. Call ahead to the escrow/title company / closing attorney and insist the closing be funded while you are at the table, and that you receive a valid cashier's check for your proceeds before you leave. No check, no closing. Don't sign anything until the check is right in front of you and for the proper amount. Yes, I would advise that you make sure funds are there tomorrow for you. Your check should be available at the settlement table. On a purchase. Same day ! |
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