How many times recently have you left the closing table worrying about whether that Wire Transfer for your payoff will actually be received by the Bank before you get back to the office? As Wire Transfers become more and more prevalent in our real estate transactional world, the opportunity for fraud and misappropriation of funds increases exponentially.
At Home, we are very sensitive to your concerns and continue to make every effort to protect and secure our clients’ funds whenever we are called upon to initiate Wire Transfers on your behalf. For your protection, we wanted you to know that, in addition to us verbally confirming all Wiring Instructions, we utilize SAFEvalidation’s (“SAFE”) on-line service which enables us to verify routing and account numbers of a multitude of banking institutions with an independent third-party before initiating the Wire Transfer. Our sole goal at Home is to make sure that our clients receive the best service possible to ensure that they have a smooth closing. To that end, there is nothing more important than safeguarding the funds that are entrusted to us to complete your transactions and this is just one example at the lengths we will go to provide you and your clients with that service.
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