My question is what is the safest and most secure way to take payment when selling on Craigslist?
@scottnichols using a title company is technically the safest way (that’s how almost all real estate transactions are handled, and it even comes with insurance), but if you’re self-closing, you have a few options…
- Use a mobile notary to exchange the cashier’s check for the deed
- Meet the other party in person to do the exchange
- Use an escrow service like Safe Funds to do the exchange
Every method has drawbacks, so you just have to pick which one you’re most comfortable with.
I’m not necessarily advocating for Safe Funds, but if you are interested in that approach, I recorded what the experience was like for one of my own deals a couple of months ago. You can see it here.
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