Legal Question in Real Estate Law in California

Whomever is informing you is at least imprecise, and if the first person told you you'd receive the funds the same day, that was downright incorrect. If the sale was recorded late Friday, the information about the recording probably got back to the escrow company too late to initiate the transfer that day, and even if it did, it wouldn't show up at your bank until the next banking day. My guess is that the transfer will be initiated Monday morning and will show up in your bank balance on Tuesday morning. If timing is critical, I'd plan to be at the office of the escrow company when it opens Monday to see if you can stop the wire transfer and get a cashiers check instead. Finally, we have a lawyer on LawGuru, Timothy McCormick, who was an in-house counsel for an escrow company and who can give you a much better answer if he sees your question in time. My knowledge of this subject comes from being an occasional transferor or transferee of wire transfers and ACH (automated clearing house) transactions.