frugallivingforums

Verifying the ownership of a property for sale

Alexandoy

Well-known member
When we bought our home through a bank loan, it was the bank that verified the ownership of the property. All the documents submitted by the owner of the property were checked against the corresponding government agencies. It was also the bank that paid the selling price as the proceeds of the mortgage that we applied for. With the bank's assistance we were saved from the risk of being scammed.
 

This thread has been viewed 514 times.

Top