I am speaking to a prospective buyer for a property that is less than $3,000, but he only wants to pay cash. Literally cash. He is one of those guys that has a huge mistrust of banks and seems like the kind of guy who often shakes his fist at kids who play on his lawn.
I have already asked about other methods (yes I covered them all) but he said he only be willing to pay cash for the deed and that’s it. Anything else is too much bother. I have spoken with him at length and he doesn’t seem shady, just eccentric and maybe a touch paranoid but I see no problem with him as a buyer.
It is a small deal and I intended to self-close through a notary since I do not live any where near this guy. Of course I have a concern about him paying cash to a notary.
So… would you do it? How?
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