Specialist · Dallas Fort Worth — Texas Cincinnati — Ohio Cleveland — Ohio Columbus — Ohio Jacksonville — Florida Atlanta — Georgia · Member since 2026 · 148 posts · 29 votes
Hi everyone, I am looking for a title company in Texas and i don't know which are wholesaler friendly so if any of you can give me a recommendation it would be nice.
Englewood, NJ · Member since 2018 · 464 posts · 88 votes
1mo
ther than a name-drop, here's how to qualify one yourself in a day or two, since "wholesaler friendly" varies branch to branch even inside the same title company in Texas. Call the commercial or investor desk, not the residential front desk, and ask four questions: (1) Do you close assignments of contract, and will you show the assignment fee on the settlement statement or do you require a separate disbursement? (2) Do you do double closes, and do you allow the end buyer's funds to fund the A-B leg, or do you require independent transactional funding? (3) What is your turnaround on a title commitment, and who is my dedicated escrow officer I can text? (4) Will you hold a small earnest money deposit, and do you charge a cancellation fee if the deal dies? If any of those get a vague answer, move on - a good investor escrow officer answers all four in one call without hesitation. Two more things that save deals: ask whether they will run a full 24-month chain and flag heirship, probate, and unreleased liens early, because those are what actually blow up off-market Texas closings, not the assignment structure. And ask for two investor references you can actually call - closers who do volume will hand them over. Best source for candidates is your local REIA or a Facebook group for your specific metro; ask which escrow officer people use by name, since the officer matters more than the company. Also worth remembering Texas has no attorney-closing requirement, so your escrow officer is effectively your transaction manager - pick for responsiveness. Finally, check TREC/TDI licensing status and make sure they carry E&O, and confirm in writing before you go under contract, not after.
Englewood, NJ · Member since 2018 · 464 posts · 88 votes
1mo
ther than a name-drop, here's how to qualify one yourself in a day or two, since "wholesaler friendly" varies branch to branch even inside the same title company in Texas. Call the commercial or investor desk, not the residential front desk, and ask four questions: (1) Do you close assignments of contract, and will you show the assignment fee on the settlement statement or do you require a separate disbursement? (2) Do you do double closes, and do you allow the end buyer's funds to fund the A-B leg, or do you require independent transactional funding? (3) What is your turnaround on a title commitment, and who is my dedicated escrow officer I can text? (4) Will you hold a small earnest money deposit, and do you charge a cancellation fee if the deal dies? If any of those get a vague answer, move on - a good investor escrow officer answers all four in one call without hesitation. Two more things that save deals: ask whether they will run a full 24-month chain and flag heirship, probate, and unreleased liens early, because those are what actually blow up off-market Texas closings, not the assignment structure. And ask for two investor references you can actually call - closers who do volume will hand them over. Best source for candidates is your local REIA or a Facebook group for your specific metro; ask which escrow officer people use by name, since the officer matters more than the company. Also worth remembering Texas has no attorney-closing requirement, so your escrow officer is effectively your transaction manager - pick for responsiveness. Finally, check TREC/TDI licensing status and make sure they carry E&O, and confirm in writing before you go under contract, not after.
ther than a name-drop, here's how to qualify one yourself in a day or two, since "wholesaler friendly" varies branch to branch even inside the same title company in Texas. Call the commercial or investor desk, not the residential front desk, and ask four questions: (1) Do you close assignments of contract, and will you show the assignment fee on the settlement statement or do you require a separate disbursement? (2) Do you do double closes, and do you allow the end buyer's funds to fund the A-B leg, or do you require independent transactional funding? (3) What is your turnaround on a title commitment, and who is my dedicated escrow officer I can text? (4) Will you hold a small earnest money deposit, and do you charge a cancellation fee if the deal dies? If any of those get a vague answer, move on - a good investor escrow officer answers all four in one call without hesitation. Two more things that save deals: ask whether they will run a full 24-month chain and flag heirship, probate, and unreleased liens early, because those are what actually blow up off-market Texas closings, not the assignment structure. And ask for two investor references you can actually call - closers who do volume will hand them over. Best source for candidates is your local REIA or a Facebook group for your specific metro; ask which escrow officer people use by name, since the officer matters more than the company. Also worth remembering Texas has no attorney-closing requirement, so your escrow officer is effectively your transaction manager - pick for responsiveness. Finally, check TREC/TDI licensing status and make sure they carry E&O, and confirm in writing before you go under contract, not after.
Thanks for the tip Mr Igor, but if you could still recommend an escrow officer that you know would still be great too. But I will still use your tip.
Englewood, NJ · Member since 2018 · 464 posts · 88 votes
1mo
I don't have a specific escrow officer in DFW I can vouch for personally, so I'd rather not name one blind. What has worked for me: ask two or three active local wholesalers who they actually closed their last assignment with, then call that officer directly and ask three questions before you send a contract - do you handle assignment of contract and double closings, do you allow transactional funding on the B-C side, and who on your team clears title on probate or tax-lien files. Get the answers in writing by email. Also ask for their turn time on a title commitment; slow commitments kill assignments more often than fees do. If an officer hesitates on any of those, move on - there are plenty in Texas who do this daily.
I don't have a specific escrow officer in DFW I can vouch for personally, so I'd rather not name one blind. What has worked for me: ask two or three active local wholesalers who they actually closed their last assignment with, then call that officer directly and ask three questions before you send a contract - do you handle assignment of contract and double closings, do you allow transactional funding on the B-C side, and who on your team clears title on probate or tax-lien files. Get the answers in writing by email. Also ask for their turn time on a title commitment; slow commitments kill assignments more often than fees do. If an officer hesitates on any of those, move on - there are plenty in Texas who do this daily.
I'd ask your local REIA or wholesaler Facebook groups in the specific Texas market you're working—they'll give you real feedback on which title companies actually understand assignment clauses and move fast. Most wholesaler-friendly ones I've worked with are regional rather than national chains, so boots-on-the-ground recommendations matter way more than a Google search. Also worth asking: do they charge extra for assignments, and do they close in 7 days or less? That'll narrow it down quick.
I'd ask your local REIA or wholesaler Facebook groups in the specific Texas market you're working—they'll give you real feedback on which title companies actually understand assignment clauses and move fast. Most wholesaler-friendly ones I've worked with are regional rather than national chains, so boots-on-the-ground recommendations matter way more than a Google search. Also worth asking: do they charge extra for assignments, and do they close in 7 days or less? That'll narrow it down quick.
Thanks for the tip Mr Josiah, but since you have worked with some could you please tell me who they are so that I could talk to them.