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Old 01-10-2017, 06:34 PM
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Turbodan
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Default Escrow service

does Anybody on here use an Escrow service when buying or selling a car?
The buyer is nervous so I suggested Escrow service, escrow.com was recommended by custom broker as their clients have used them and been happy. Online they have some bad reviews.
I asked my lawyer and he does not have a US account so does not want to do it. Found RBC does it but can't get hold of them, left them a message.
have any of you guys used an escrow service you are happy with?

fyi they hold the money until both parties are satisfied goods have been delivered.
Old 01-10-2017, 07:24 PM
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jumper5836
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Escrow.com is legit, looks like it is also copied by a lot of fraud artists using fake escrow services to dupe people.

http://www.cbc.ca/news/canada/online...-rise-1.350619
Old 01-13-2017, 07:45 PM
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ggrace
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I used Escrow.com when purchasing a domain name within the last month. Everything went smoothly.
Old 01-16-2017, 01:15 AM
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thanks guys. this is not bad for peace of mind.
Old 01-16-2017, 01:28 AM
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Which car you selling Danny ?
Old 01-16-2017, 11:23 AM
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selling a yellow 996 track car for a friend. going to New Hampshire.
Old 01-16-2017, 02:07 PM
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ah !
Old 01-20-2017, 01:28 PM
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PPo
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Escrow service? Try backpage.com or one of the more established services in Toronto would probably be safer.
Old 01-20-2017, 01:32 PM
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But seriously, I have used this before for software deals to hold source code and/or funds based on milestone/objectives. Never used for a car... small amount for an escrow in my opinion.

Usually the lawyer who writes the agreement recommends the escrow agent. There are plenty as it's a common practice.

...also... stop sending OUR good cars to the US please! ;-)



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