Hi there!
This is my first post so apologies in advance if question belongs somewhere else.
When buying a house, does the buyer pay the downpayment directly to the seller or does the money go to lending bank which in turn pays the seller ?
How does one know the money is going to the right party and not to an imposter ?
This is my first post so apologies in advance if question belongs somewhere else.
When buying a house, does the buyer pay the downpayment directly to the seller or does the money go to lending bank which in turn pays the seller ?
How does one know the money is going to the right party and not to an imposter ?