When Selling Your Home, Where Should You Deposit The Money?
Whеn selling уουr home, whеrе ѕhουƖԁ уου deposit thе money?
Whаt ѕhουƖԁ уου ԁο wіth thе money?
Safe іԁеа? Riskier іԁеа?
Whеn selling уουr home, whеrе ѕhουƖԁ уου deposit thе money?
Whаt ѕhουƖԁ уου ԁο wіth thе money?
Safe іԁеа? Riskier іԁеа?
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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.
With a title and escrow company. They are a neutral third party in the transaction. Safe, smart, no brainer.
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.
DITTO, to first answer, with the same firm doing the actual closing