The Check is in the Mail

2020-08-25 The Check is in the Mail

The real estate industry utilizes the United States Postal Service as part of the transaction process, mostly by transporting checks. The pandemic has actually boosted our mail usage as in-person rendezvous for check hand-offs are discouraged (or banned). Buyers often mail their checks to the listing broker of properties they put under contract. This represents the earnest money deposit to hold the house, which is eventually applied to their downpayment at the closing. In Greater