Who can help with double closing transactions for REI in new-mexico?
@Mitch Messer , any thoughts?
Hey @Zvika Shlomi , unlike in Georgia, closings in New Mexico are performed by title companies rather than attorneys.
Where exactly in NM is your deal located? I imagine you'd want to work with a title company that knows the specific area.
Also, this sounds like a wholesale transaction. Assuming all purchases are being done with cash, there's no good reason for a closing agent NOT to perform a double-closing.
I'm currently in Clovis, NM and I'd be happy to connect you with the main title company here. If nothing else, they can probably refer you to their affiliates throughout the state.
@Brenden Mitchum , thanks for the mention!
Thank you @Mitch Messer for your reply. I'll DM you to chat more. It's not for a wholesale transaction. It's for an alternative financing private lender who is connecting investors with qualified renters, helping the renters to become homeowners. this lender recently became licensed in NM and looking to get with an attorney to make sure the legality and paperwork are state-approved. The double closing is the way this transaction is structured in other states (such as IN, GA & TX).