Money & Investing Learn how to get rich on the housing bubble and the bull market…

Certified Checks

Thread Tools
 
Old 05-19-2009, 10:51 PM
  #1  
Stop Drop and Roll
Thread Starter
 
jtsangAZ's Avatar
 
Join Date: Jun 2007
Location: Phoenix
Age: 41
Posts: 521
Received 2 Likes on 2 Posts
Certified Checks

I don't know if this belongs in here or not, but I don't see a more exact forum than this.

So I will be traveling to Vancouver Canada for my vacation and I am trying to rent a condo for the week. So the guy wants me to mail him a certified check, im guessing that is a cashiers check in US terms. It doesn't seem very safe to me because I don't even know the guy. What other ways can I pay this guy?
Old 05-20-2009, 12:12 AM
  #2  
seizure force field!
iTrader: (1)
 
v6cord2k5's Avatar
 
Join Date: Aug 2006
Location: Monkeytown
Age: 37
Posts: 8,971
Received 115 Likes on 95 Posts
Can you do a wire transfer?
Old 05-20-2009, 12:39 AM
  #3  
Stop Drop and Roll
Thread Starter
 
jtsangAZ's Avatar
 
Join Date: Jun 2007
Location: Phoenix
Age: 41
Posts: 521
Received 2 Likes on 2 Posts
Originally Posted by v6cord2k5
Can you do a wire transfer?
How safe would a wire be? What happens if I wire him the money and when I get there it was all a scam? Would my bank refund my money? Somehow I don't think so.
Old 05-20-2009, 07:47 AM
  #4  
Team Owner
 
doopstr's Avatar
 
Join Date: Jan 2001
Location: Jersey
Age: 52
Posts: 25,457
Received 2,212 Likes on 1,211 Posts
Anybody renting a condo is probably going to want money up front. If you don't want to pay up front then get a hotel room.
Old 05-20-2009, 08:15 AM
  #5  
Suzuka Master
 
TzarChasm's Avatar
 
Join Date: Aug 2007
Location: Massachusetts
Age: 52
Posts: 6,732
Received 233 Likes on 166 Posts
Sounds like you need to do some research to make sure this place is legit. Is this some private deal or it is a condo rental company?
Old 05-20-2009, 09:06 AM
  #6  
J35A8
 
korrupted's Avatar
 
Join Date: Sep 2007
Location: Brooklyn, NY
Posts: 1,313
Likes: 0
Received 5 Likes on 4 Posts
Make sure there's a contract.
Old 05-20-2009, 09:38 AM
  #7  
Senior Moderator
iTrader: (5)
 
juniorbean's Avatar
 
Join Date: Oct 2000
Location: The QC
Posts: 28,461
Received 1,760 Likes on 1,046 Posts
Certified check is just a bank check. It's a standard term... not just Canadian

But yes, the guys above are correct... you will need to pre-pay to stay at a place like that. Every time we go to the beach, if we stay at a condo or house, we pre-pay when we book, which can be months in advance. We typically deal with the agency though, not with the owners. That said, we have dealt with owners before and it's the same thing.. pre-pay.

Regardless of if we deal with the owners or the agency, we have a contract each time...
Old 05-20-2009, 01:09 PM
  #8  
Registered but harmless
 
Will Y.'s Avatar
 
Join Date: Aug 2005
Location: Los Angeles, CA
Age: 59
Posts: 14,857
Received 1,149 Likes on 775 Posts
Originally Posted by jtsangAZ
So I will be traveling to Vancouver Canada for my vacation and I am trying to rent a condo for the week. So the guy wants me to mail him a certified check, im guessing that is a cashiers check in US terms. It doesn't seem very safe to me because I don't even know the guy.
Who is "the guy" and how did you select this condo? I assume he can't/won't take a credit card.

In order to avoid a scam, I would make sure he is the owner of the condo (title search in Canada available??) or an authorized agent for the owner. You should both sign on a contract before sending him a check (payable to the owner if he is/works for an agent).
Old 05-21-2009, 12:51 AM
  #9  
Stop Drop and Roll
Thread Starter
 
jtsangAZ's Avatar
 
Join Date: Jun 2007
Location: Phoenix
Age: 41
Posts: 521
Received 2 Likes on 2 Posts
Originally Posted by Will Y.
Who is "the guy" and how did you select this condo? I assume he can't/won't take a credit card.

In order to avoid a scam, I would make sure he is the owner of the condo (title search in Canada available??) or an authorized agent for the owner. You should both sign on a contract before sending him a check (payable to the owner if he is/works for an agent).
I found the listing on craigslist. He seems to be a private owner but I will double check with that and see if we can work out a contract.
Old 05-21-2009, 12:55 AM
  #10  
Stop Drop and Roll
Thread Starter
 
jtsangAZ's Avatar
 
Join Date: Jun 2007
Location: Phoenix
Age: 41
Posts: 521
Received 2 Likes on 2 Posts
He accepts paypal. Is that good enough or should I still get a contract?
Old 05-21-2009, 02:18 AM
  #11  
Needs more Lemon Pledge
 
stogie1020's Avatar
 
Join Date: Mar 2005
Location: Phoenix, AZ
Age: 52
Posts: 52,768
Received 2,000 Likes on 1,173 Posts
Get a contract. Make sure it states that he is authorized to rent the property. If you can, have an attorney look it over before you send the cash. Peace of mind costs a few bucks.
Old 05-21-2009, 11:35 AM
  #12  
Three Wheelin'
iTrader: (1)
 
Chr8808's Avatar
 
Join Date: Feb 2005
Location: Queens, NY
Age: 52
Posts: 1,285
Received 0 Likes on 0 Posts
Originally Posted by stogie1020
Get a contract.
Old 05-21-2009, 11:47 AM
  #13  
Three Wheelin'
iTrader: (1)
 
Chr8808's Avatar
 
Join Date: Feb 2005
Location: Queens, NY
Age: 52
Posts: 1,285
Received 0 Likes on 0 Posts
Have you checked anywhere else besides CL? I'm always leary with dealing with people on CLs.

Check this site: they have some spots in VA, Canada and you can check past reviews. I would say there is less of a chance being scammed from this site as its a pay service for the owner/lister.

http://www.homeaway.com/vancouver/s/6437/fa/find.squery
Old 05-21-2009, 11:51 AM
  #14  
Three Wheelin'
iTrader: (1)
 
Chr8808's Avatar
 
Join Date: Feb 2005
Location: Queens, NY
Age: 52
Posts: 1,285
Received 0 Likes on 0 Posts
When we rent, they usually email the contract with $$ deposit requirement. You sign the contract and mail back with personal check. then mail balance of cost & a sec deposit like a week or 2 before you arrive. I was a bit hesitant when we first did this but we never had any problems.
Old 05-21-2009, 11:52 AM
  #15  
Registered but harmless
 
Will Y.'s Avatar
 
Join Date: Aug 2005
Location: Los Angeles, CA
Age: 59
Posts: 14,857
Received 1,149 Likes on 775 Posts
Originally Posted by jtsangAZ
I found the listing on craigslist. He seems to be a private owner but I will double check with that and see if we can work out a contract.

Originally Posted by jtsangAZ
He accepts paypal. Is that good enough or should I still get a contract?
Contract first.
Ummm... why does the guy take Paypal-- does he have another business, or?? I'd really want info confirming property ownership.
Old 05-21-2009, 12:06 PM
  #16  
Advanced
iTrader: (2)
 
nsnrider's Avatar
 
Join Date: Apr 2009
Location: chicopee, ma
Posts: 96
Likes: 0
Received 12 Likes on 6 Posts
I don't see it beeing a problem to pay him by certified check as long as there's a contract in place and all the info checks out fine. I will NEVER accept a certified check from Craigslist anymore as I almost fell for one of those traps when I was selling my car; you know the one when the "buyer" sends you a certified check for more than your asking price and tells you to refund him the money for "transportation/delivery company". Don't fall for those.

Anyways good luck.

I doubt any business person would want the full balance through paypal and loose the 3% paypal fee unless you're covering the fee. Just make sure everything is legit before you send any money to any one.
Old 05-23-2009, 12:20 AM
  #17  
Stop Drop and Roll
Thread Starter
 
jtsangAZ's Avatar
 
Join Date: Jun 2007
Location: Phoenix
Age: 41
Posts: 521
Received 2 Likes on 2 Posts
I bit the bullet and sent him money via paypal. I also got a contract. The property also has a a website and it looks legit.

http://www.greenstay.ca/index.html
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Mike Pilipenko
3G TL Problems & Fixes
5
03-26-2024 09:21 PM
MilanoRedDashR
3G TL Problems & Fixes
25
10-08-2015 10:30 AM
MilanoRedDashR
3G TL Problems & Fixes
2
10-02-2015 10:49 AM
Skirmich
2G TL (1999-2003)
4
10-01-2015 12:59 PM
hrothgar02
2G RDX (2013-2018)
1
09-28-2015 11:08 AM



Quick Reply: Certified Checks



All times are GMT -5. The time now is 01:31 AM.