Marnae Ballantyne, Escrow Manager, Fidelity National Title Agency of Utah in American Fork, Utah, opened a sale of a vacant lot for $385,000. The buyer was a real estate investor paying cash. He never met the seller in person.
All communications were done via text or email. The seller signed the purchase agreement electronically. The buyer admitted he believed the deal was too good to be true. Unfortunately, he was right.
Marnae ordered the title report and, in accordance with Company policy, looked up the seller’s tax bill mailing address on the county website. The seller’s address