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Updated about 7 years ago on . Most recent reply

User Stats

38
Posts
20
Votes
AJ Minaker
  • Rental Property Investor
  • Eau Claire, WI
20
Votes |
38
Posts

Starting work before closing?

AJ Minaker
  • Rental Property Investor
  • Eau Claire, WI
Posted

We have a flip that we are hoping to close on within the next week. The title company is having so trouble getting one of the liens cleared up because the company is dissolved in the state of WI. The homeowner is okay with us getting in there and getting started now. My question is, does anyone have any documents with such wording? Thinking something aling the lines of a right to begin work clause?

Thank you!

Most Popular Reply

User Stats

3,926
Posts
4,386
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Jason D.
  • Rental Property Investor
  • St. Petersburg, Fl
4,386
Votes |
3,926
Posts
Jason D.
  • Rental Property Investor
  • St. Petersburg, Fl
Replied
That's a terrible idea. If the title company is having trouble with the title, why would you risk spending money on a property that you may never own?

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