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Updated about 10 years ago on .

User Stats

39
Posts
18
Votes
Nicholas Hooyman
  • Real Estate Broker
  • Portland, OR
18
Votes |
39
Posts

escrow with an out of state seller

Nicholas Hooyman
  • Real Estate Broker
  • Portland, OR
Posted

Hi all,

I'm curious about how to wholesale to out of state sellers. Normally, after the purchase agreement is signed, the seller will go to escrow, present a valid government ID, and sign a memorandum of contact to verify they are the owner of the property. When they're out of state, how does the process work with the document process? In order for me to sound confident over the phone, i want to be able to answer their question thoroughly when they ask for the next step after the purchase agreement is signed. OR, does anyone know of a place to go to research, in depth, the escrow process?