Quote:
Originally Posted by Steve Carlton
Now I've got a guy who hasn't seen the car that is FedEx'ing me a cashier's check tomorrow. I asked for a wire transfer instead
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AFAIK (and this may be wrong):
-A wire transfer is still not absolute.
Banks may be able to rescind them months later. Same with E-Bay to my understanding. The same holds true with some websites that pretend to act as escrow fiduciaries on behalf of the Seller. Then it is up to you the customer vs the bank. Pony up and lose more money.
-Some banks might still use the same In/Out routing numbers.
Meaning that routing number is good to port your entire bank balance to some account in the Cayman/Bahamas. Bye bye funds. That should be entirely their problem.
-Expect 9/10 advertisement responses to be fraud these days.
-The sale can wait a week. Or a month. Cash in hand is king.