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Senior Loan Officer
STERLING NATIONAL BANK
310 Crossways Park Drive
Woodbury, NY 11797
John A. Weber IV, Associate Broker
Bayview Estates Realty
Your deposit check can be CASHED once you open escrow.
It has to be turned over to escrow within tree days of opening escrow.
They will cash the check upon receiving it.
Best of Luck on your new home!!!
Kawain Payne, Realtor
Consult with your attorney if you have any additional questions. As well you can also contact me anytime @ 914-299-0420. I am available 24 hours.
Also, I have been following Javier Meneses below and he seems to know his stuff. I am sure you can also reach out to him
The funds must be available in the Escrow account for everything to go forward.
The Down Payment check, however is not required until the Loan is in place and the Loan Contingency has been released.