3 ms·

I thought the mortgage was given to you and you transferred the money to the seller when the deal is completed? I'm scared to think what would have happened if

I thought the mortgage was given to you and you transferred the money to the seller when the deal is completed? I'm scared to think what would have happened if it were me, the money sent to the seller, not suspecting any error at all and unable to return anything.

atwebb 6y ago
Normally handled by the closing office using escrow accounts, not by the buyer/seller themselves.