Happy New Home: The McColls' Exciting Move!
Did the McColls make an offer on a new home?
Yes, the McColls have made an offer on a new home. The home is new construction and scheduled to be completed by the end of the year, exciting times ahead! But did they follow the proper procedures when providing the purchase deposit to their agent, Suzette?
Answer
The answer is: Yes, Suzette followed the proper procedures.
Unless there existed specific written instructions ordering to hold the check until the acceptance of the offer made by the McColls, Suzette did the correct thing. Generally speaking, Suzette has three business days to deposit the check and there should be no problem with cashing the check.
The McColls can now look forward to settling into their new home with peace of mind knowing that the proper procedures were followed. Congratulations on your new home!