My husband and I just purchased a home in Astoria, Oregon while we’re currently in Koh Samui, Thailand. We’ve been told the process is very easy and so far, it has been! However, now that we’re getting into the nitty-gritty, it’s become a bit difficult.
It’s necessary for us to wire transfer money to a title company. They REQUIRE a wire transfer or cashier’s check and will NOT accept an ACH/direct deposit. We’re finding this very difficult to do while overseas. Our bank will not do it unless we went to the branch in person (obviously impossible). Right now, our only solution is to have a family member in the U.S. do this on our behalf (we’ll provide them with the transfer account info/routing number and then we’ll reimburse them).
It seems like it should be SO much easier than this to get a wire transfer from one US bank account to another, despite me/us being out of the country. Am I wrong? Not to mention - the title company’s bank is the same as our bank!
This is also a bit worrisome because I’m wondering how the down payment will work when it’s such a larger amount. Another struggle, of course, is the frustration of being 15 hours ahead in time zones. Entire days are wasted trying to get one question answered. Hence the reason I’m looking for insight on forums!
Any help, ideas, insights, would be great! Currently waiting to talk to my agent about dealing with the transfer of money as the ball keeps rolling.