Uncashed Closing Cost Checks
It’s not very often you get an unexpected check but this week I received one from my title company in the amount of $202.00. Apparently there were outstanding stale dated checks that weren’t cashed and, as required by law, were returned to me from the escrow account.
Thank you for choosing [Title Company] to handle your previous real estate transaction. During a routine audit of our files, we found funds from outstanding stale dated checks that remain uncashed past the statutory time.
Accordingly, we are refunding the excess amount that remains in the escrow account. Please check with your lender to be sure these funds are not required for your escrow account.
Again, thank you for choosing [Title Company] and … [blah blah blah]
Hooray for free found money! I thought it was particularly honest of the title company since I would have no way to confirm this.
Looks like it’s time to get a Wii Fit (I realize that’s not the responsible thing to do, but it’s for our health!), if only I could find it somewhere.
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Tags: Closing Costs, Home + Mortgage, Mortgages
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There are 5 comments, add your thoughts now!
you’ll love the fit! we’ve had ours for 15 days..used it every day!
our gamestop has a ton of them….
The wii fit is awesome! My fiancee and I are losing weight with it!
Question? When you have a bad experience with some company (e.g., Bank of America) you have no problem naming names. Why not name the honest [Title Company]. If they’re that great, it’d be nice to spread the word.
hey man, if you have trouble getting wii fit, let me know, i can probably grab one for you (from the nintendo world near my office).
might be grabbing wii fit myself sometime soon!
-Dave
I think we all know that checked was put into your lap to specifically buy Wii Fit. I am still considering making the purchase myself but I seem to have too many Wii games now that are just sitting around and not being used very often.
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