Certified Funds are a form of payment that is guaranteed to clear or settle by the company certifying the funds; certified to be good, guaranteed, valid, and non-revocable.
Funds must be certified in the following instances:
- If your transaction is closing within 10 days
- If your purchase agreement states funds must be released early to the seller
- Final payment must be certified upon closing
Certified funds can be sent via:
- Wire transfer
- Cashier's check