Although it may come as a surprise to most of you, there are some people out there who do not understand what a cashier’s check is. A while back, we found ourselves in the middle of an amusing situation.
At a court hearing to confirm the sale of a real property through a probate transaction, an interested buyer tugged the back of my sweater. She asked to speak to me and so I followed her out of the courtroom. When I asked her to show me the check that she would present to make a bid on the property that was being sold, she handed me a bank statement and a personal check.
I explained to her that the court requires the buyer to present a cashier’s check in order for her to be able to bid on the real estate. After a series of exchanges, she explained to me that this was a cashier’s check because it was made payable to cash — thus a cashier’s check.
The Sanborn Team works on taking the mystery out of probate and trust real estate sales.
We encourage you to contact us with your questions at 310-777-2858.