Updated almost 15 years ago on . Most recent reply
Very basic question re: making an offer and using title company
These may be very stupid qustions but here goes.
1. I understand that "making an offer" on a fsbo can be done however you want(verbal, notepad, whatever) before the contract is written. What about when dealing with an REO? Do you just fax a copy of the purchase contract with your numbers on it or is there some official form that is used?
2. After a contract is signed with the seller and I intend to wholesale the property, when do I give the sellers contract and paperwork to the title company? Do I give it to them right away even if I don't have a buyer yet so they can start the title search and whatnot? Or do I wait til I get a buy side contract completed, then give the title company everything?