Buying from an international seller?

[Girlstar30]

Moving forward, it would have to be a unicorn deal. Being a newbie, I went in just offering what I thought would be good enough if that makes sense.

I did the same, had no idea about anything, it will be fine

 

[IsDVCForMe?]

I did the same, had no idea about anything, it will be fine

Yep, will be all good lol.

 

[DVCyore]

Lots of fear mongering in this thread

 

[IsDVCForMe?]

Lots of fear mongering in this thread

There could be. But if there are 2 options and one poses a bigger risk, it makes sense to be skeptical. There’s a reason Disney avoids them.

 

[geargrinder]

I never had to provide any part of ssn. My only action was to forward the correspondence from IRS to my escrow/title company. It was Marcelo at Mason. He took care of everything else. All he had to do was verify the money was sent and accepted by the IRS.

He mentioned that the notices were due to poor internal process at IRS. There is/was a backlog of processing the withholding. The length of the processing delay triggered notices to be sent to the buyers. There was nothing to do except to wait for the IRS to process the payment.

It might be scary, but it is normal. Nothing to worry about or avoid so long as you have a competent escrow/title company.



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[VGCgroupie]

Lots of fear mongering in this thread

Your opinion. Everyone has their own risk tolerance. Its important that someone knows all the possiblites and they can make their own decision weather or not they want to buy from an international seller. But saying international transactions are just the same as buying from a US seller is completely false.

 

[VGCgroupie]

It might be scary, but it is normal. Nothing to worry about or avoid so long as you have a competent escrow/title company.

It is not about title company it's about that specific escrow agent her assistant. I used a competent title company that I used 2 times prior. The 3rd time they lost my documents.

 

[IsDVCForMe?]

I never had to provide any part of ssn. My only action was to forward the correspondence from IRS to my escrow/title company. It was Marcelo at Mason. He took care of everything else. All he had to do was verify the money was sent and accepted by the IRS.

He mentioned that the notices were due to poor internal process at IRS. There is/was a backlog of processing the withholding. The length of the processing delay triggered notices to be sent to the buyers. There was nothing to do except to wait for the IRS to process the payment.

It might be scary, but it is normal. Nothing to worry about or avoid so long as you have a competent escrow/title company.



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This is good to hear. We have been in contact with the title company and they have been VERY informative and responsive. Also seems to the best from what I’ve read, which makes sense from my experience.