BiggerPockets

Hi all! I was wondering what you guys thought about this. I'm calling a title company today that was recommended to me, just to see if they are comfortable handling contract assignments, etc. When I call the title company, what is it that I'm supposed to say? As in, "Hi, my name is Joe Ziolkowski,..." I'm new at this, and I guess I am just wondering how the back and forth is supposed to go. Any ideas would be very much appreciated. :cool:

Hi my name is Joe, I am an investor:

Are you comfortable working with investors?
Can I do assignments?
Can you do simultaneous close?

I'd ask a couple "what ifs". When I am setup to do an assignment escrow what documents do you need from me? etc

Yeah

put down the phone unless it (title company) was referred by another investor doing deals. You will waste a lot of time and get discouraged calling out of the yellow pages. Instead pick up the phone and call every investor you can find in your area and ask them who they use.... You will get where you want faster and make some really good contacts... Good Luck...

P.S. you will need to ask if they will double close using your buyers funds. Some will double close/simo close but not with your buyers funds. I'm only assuming that you will need to do this if not just ignor, thanks...

Along the lines of title compaies, do you turn in the original contract and the assignment agreement at the same time? I was told before that it's easier to hold onto the contract until you get it assigned, then give everything to the title company at once. Is this right?

Nicole

At least I think it's Nicole because my screen is combining the name and the description like real estate investor in the same spot. I think it's the website.

Anyway just wanted to clear up when you say original contract you do mean a copy of the original contract don't you? Never let go of the originals of anything if you want to see them again.