When selling your home, where should you deposit the money?
When selling your home, where should you deposit the money?
What should you do with the money?
Safe idea? Riskier idea?
Where should you have the escrow company deposit the money?
4 Responses
linkus86
01 Feb 2010
godged
01 Feb 2010
With a title and escrow company. They are a neutral third party in the transaction. Safe, smart, no brainer.
diesel6999999
01 Feb 2010
DITTO, to first answer, with the same firm doing the actual closing
MIREYA E
01 Feb 2010
DO YOU MEAN YOUR MOENY GAIN AFTER YOU SALE YOUR HOME? IN YOUR BANK ACCOUTN OF COURSE – OR MAKE ANOTHER INVESTMENT. AS FOR THE SELLING TRANSACTION – TAL TO AN ESCROW COMPANY.
If you don’t have one already, open a MONEY MARKET account with your bank. A money market account is a higher interest bearing savings account that serves as an ideal intermediate account until you decide a better way to invest.