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Updated 3 days ago on . Most recent reply

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Wholesaling

Affidavit/notice/memorandum enforcement in VA

Jason Papageorgopoulos
Posted

Hi, 

We have a seller in Alexandria, VA who breached contract and turned around to list with a realtor. We're considering filing an affidavit/notice of interest or memorandum, whichever is used most in state. Do local title companies honor these and require them paid off or do they often insure around the title cloud? Seen it fluctuate from state to state

Thanks! 

Fairfax, Virginia
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ModeratorReplied

Were you trying to wholesale it? Are you familiar with Virginia's new laws on wholesaling?

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