State Restrictions on Closing Funds

Confirm the ‘Clear’ Status of your Down Payment

Regulations of the State of California impose restrictions on the kind of funds which may be accepted for closing escrow. Prepare to deposit closing funds in the form of a Wire Transfer (or a Cashiers Check two days in advance)

Learn more at: http://codes.findlaw.com/ca/insurance-code/ins-sect-12413-1.html

Your Case Escrow Officer is prepared to advise you regarding the correct form of ‘good’ closing funds and the timeline for their deposit in your transaction.