MATTINGLY FORD TITLE SERVICES
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Good Funds Policy

In order to protect all participants in the purchase/mortgage transaction, Mattingly Ford Title Services, LLC strictly adheres to the Good Funds Law of each state in which we close transactions.  In the event that a certain state does not promulgate a good funds law, the following is MFTS's Good Funds Policy:

1. We must have collected funds in escrow prior to disbursing proceeds at the closing table.
Forms of payment that qualify as collected funds:
  • Completed wire transfer (notification of verification number does not satisfy criteria).
  • Cashier checks
  • Money orders
  • A personal check in the amount of $1,000.00 or less may be used. (Mattingly Ford reserves the right to refuse or accept a personal check for any amount.)

2. 
If the transaction is funded with lender or investor check or wire transfer, Mattingly Ford will distribute proceeds from one of our escrow accounts by either check or wire. If a wire is requested, Mattingly Ford must have written and signed instructions requesting a wire.

3. We realize that our Good Funds Policy may cause some transactions to be delayed or closed “dry.” We apologize for this inconvenience.


Services

Residential & Commercial Transactions
Escrow Closing Services
Title Searches & Reports
Title Insurance
HUD Closings
Short Sale Closings/Negotiations
Witness Closings
Government Loans
UCC Searches & Reports
Investment Property
General Expertise in Real Estate Transactions
Full Utilization of Technology
E-Sign Certified


Locations

Louisville, KY
Mt. Washington, KY
Elizabethtown, KY
New Albany, IN
Cincinnati, OH

Good Funds Policy
Repeat Business

Main Office

1650 UPS Dr. Ste 101
Louisville, KY 40223
(502) 212-7000
1 (866) 561-8747


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1650 UPS Dr. Ste 101  |  Louisville, KY 40223  |  (502) 212-7000  |  1 (866) 561-8747  |  Disclaimer  |  Site Map  |  Site Info
  • Home
  • About
  • Services
  • Order Title
  • Calculator
  • Contact Us
  • Our Locations
  • Testimonials
  • Forms
    • Listing Agent Form
    • Selling Agent Form
  • Resources
  • Why Title Insurance
  • Web App
  • Instructions