How does one find investor friendly title companies

Question

Hello everyone.  I am looking to find an investor friendly title company in the Kansas City, MO area.  Does anyone have recommendations?  Thank you in advance.

Bryant Brislin · Answer

Call title companies in town and say that you have a deal you may be opening escrow on where you may end up assigning to a partner (make sure your contract says "and/or assignee" after your buyer name) and are they used to assignment scenarios? Some will say "yes", we do those all the time, some will say "No, we don't do those" and some will say they've never heard of it and maybe want more details, so you would tell them that your partner who may take over the deal will pay a bit more than the purchase price on the contract and you will get that extra amount as your fee for bringing them the deal.

Alex Hroma · Answer

Hi Jerry, I've never heard of someone referring to double closes as shady before, but typically a wholesaler will do these to avoid having to disclose to the seller what they are making on the assignment fee. The double close you as a wholesaler are the buyer and then once you purchase the property you become the seller who then sells it to your end buyer as opposed to just assigning the contract.

Dan Krupa · Answer

As long as you're not trying to do some shady double close Alliance Title - 100%. I have used them for years. Amazing.

Ernst S Coriolan · Answer

I sent you a message!

Xavier Mazza · Answer

It's important to do some research and verify whether Kansas is an attorney state, which case you'd require an investor-friendly attorney as opposed to a title company.

Jerry Ferrell · Answer

Hi, thanks for your response. As you may know, I am pretty new to this.  I don't know much about a double close, what makes doing those shady?

How does one find investor friendly title companies

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