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Funding escrow before or after New Year

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Valued Contributor

Funding escrow before or after New Year

The closing date for my new home is a week into the new year. The date to wire the final funds excluding the deposit is set for a business day following New Year. I am ready to wire the funds from my bank to escrow now. Does it at all matter, taxwise or otherwise, whether my end-of-the-year bank statement balance includes those funds?

 

Message 1 of 3
2 REPLIES 2
Established Contributor

Re: Funding escrow before or after New Year

Nope
Message 2 of 3
Super Contributor

Re: Funding escrow before or after New Year

no

Retired Lender
Message 3 of 3
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