May never purchase another home but if do make a purchase I will not wire transfer due to potential loss via transfer which was told no transfer has been lost but there was no guarantee the money was going to arrive per designated destination therefore for that reason I’ll never be a party to another wire transfer. The exchange will be handled another method or no meeting of the minds will occur
If arrival wasn’t guaranteed the real estate industry wouldn’t like it. There’s no potential loss. I really think they were just telling you it couldn’t be reversed if you decided you want to do it. I did a wire transfer last year, they said something about it being irreversible. The way wire transfer works it is 100% guaranteed that the money will go from account A to account B. And that level of guarantee means that if you change your mind, or it turns out who you’re transferring the money to is a scammer, you can’t get it back.
That’s my reading. It’s all pretty clear. Your complaint is you misunderstanding.