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Updated 11 months ago on . Most recent reply

Jessica Zolotorofe's profile image
Jessica Zolotorofe's profile image
Jessica Zolotorofe
  • Attorney
  • from New Jersey
  • Member since Nov 28, 2016

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Jessica Zolotorofe's profile image
Jessica Zolotorofe's profile image
Jessica Zolotorofe
  • Attorney
  • from New Jersey
  • Member since Nov 28, 2016
Jessica Zolotorofe
  • Attorney
  • New Jersey
794
Votes |
1,399
Posts
New Jersey Real Estate Q&A Discussion Forum

Double Closings in NJ

Jessica Zolotorofe
  • Attorney
  • New Jersey
Posted

I spoke to my title company yesterday and apparently they will no longer do double closings. First American and Chicago won't do them and Fidelity and ORNT last I heard would consider it with an affidavit that the purchase price was disclosed to the buyer, which basically defeats the purpose of a double close. Looks like assignment is our only option now!

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Jessica Zolotorofe's profile image
Jessica Zolotorofe's profile image
Jessica Zolotorofe
  • Attorney
  • from New Jersey
  • Member since Nov 28, 2016

User Stats

1,399
Posts
794
Votes
Jessica Zolotorofe's profile image
Jessica Zolotorofe's profile image
Jessica Zolotorofe
  • Attorney
  • from New Jersey
  • Member since Nov 28, 2016
Jessica Zolotorofe
  • Attorney
  • New Jersey
794
Votes |
1,399
Posts
Jessica Zolotorofe
  • Attorney
  • New Jersey
Replied

@Federico Gutierrez yep, that's exactly why investors do it. 

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