Does your title company need to be local?

Does your title company need to be local?

Rental Property Investor · Houston, TX · Member since 2019 · 3 posts · 0 votes

I'm a wholesaler in the Houston area and I've made some connections with a title company that is in Dallas. My question is do I need to have a local title company? Or is this relationship fine for my wholesaling deals?

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  • Real Estate Broker · Hyde Park Tampa, FL · Member since 2019 · 2k+ posts · 3k+ votes
    7y

    Without addressing wholesaling, the title company does NOT need to be local - just licensed in the state - so you're good to go.

  • Lender · San Antonio, TX · Member since 2016 · 21 posts · 14 votes
    7y

    @Clinton Turner I have clients that do this often. It's convenient to work with the same reliable title company no matter where your deal is. Just check that you title company is set up to work in that particular county first. If there is a branch of the same title company in the area, they may have to split the deal with them. Some title companies are just unwilling to do this, but most will. 

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