Skip to content
Washington Real Estate Q&A Discussion Forum

User Stats

7
Posts
3
Votes
Gerry Swartz
  • Investor
  • Kent, WA
3
Votes |
7
Posts

Selling my last SFR and need a closing company for subject 2 IRA

Gerry Swartz
  • Investor
  • Kent, WA
Posted May 7 2018, 21:46

My rent to own person has stayed past their 3-year lease option period and they are finally ready to purchase the manufactured home on land in Bonney Lake. I purchased the property subject to (2) underlying loans with my IRA.

Do you know of a closing company in the Tacoma area that can perform this non-typical type of transaction?

Thanks so much for your opinions,

Gerry

User Stats

156
Posts
141
Votes
Tatiana Gershanovich
  • Real Estate Investor
  • Seattle, WA
141
Votes |
156
Posts
Tatiana Gershanovich
  • Real Estate Investor
  • Seattle, WA
Replied May 7 2018, 22:04

If your IRA already purchased this house (subject to or not) the transaction will be pretty typical and any closing company will be able to do it. I personally like First American and WFG

User Stats

16
Posts
12
Votes
Brian Cohen
  • Investor
  • Bainbridge Island, WA
12
Votes |
16
Posts
Brian Cohen
  • Investor
  • Bainbridge Island, WA
Replied May 8 2018, 06:18

Any Title/Escrow should be able to close this. I use WGF National Title - I use the office on East-side (Olivia Sandoval) 

BiggerPockets logo
BiggerPockets
|
Sponsored
Find an investor-friendly agent in your market TODAY Get matched with our network of trusted, local, investor friendly agents in under 2 minutes