What kind of check do I need from buyer of my property?
Hi, I plan to sell a property in Nicaragua without a broker. I originally bought it in cash, but don't want to travel with cash again. How is it best to receive payment from the buyer? An article by Aurora RealEstate says "The funds are simultaneously given to the seller in the form of a check with a signed receipt."
What kind of check should I require to make sure that it is good? Cashiers check? Is it different if the buyer is foreign or national?
Thanks for your advice,