Updated over 10 years ago on . Most recent reply
Escrow company vs. Title company to do a double closing?
I called an independent escrow company here in Hemet, CA. I asked what would I need to do a double closing and they freaked out. They said why would you would put yourself in the middle of the seller and buyer. I informed that its called wholesaling real estate and that I'd be making a profit. She then said that doesnt sound like something we'd want to be a part of and gave the number to a title company. Should I call the title company and ask about opening two escrow accounts to do a double closing?
Most Popular Reply
That escrow agent must be an idiot or an amateur or both. Run the other way.
A good, experienced title agent will be very familiar with a double close, back-to-back close, A to B to C close...they are all the same thing.
If they aren't or tell you it's illegal, find someone else. Certainly don't waste time explaining your business to them. It's like teaching a pig to dance. It's a waste of time and annoys the pig.
The world is full of ducks. You want to fly with the eagles.