Any good Wholesale friendly title company in Columbus Ohio?

Question

Hello i have a question and hope i can get an answer from a local seasoned wholeseller. My question is where can i find a good title company that works with a wholeseller here in Columbus. Any suggestion will help greatly. Thanks in advance.

Robert Ellis · Answer

I have a title company I actually met at one of these wholesaling meetings that does a great job and has done plenty of double closes, assignments, and understands it pretty well. PM me if you want a good recommendation in Columbus.

David Panzera · Answer

Golden Title closes deals with wholesalers. Just confirmed that with them a few weeks ago when responding to a similar thread.

Aimee Sowards-Mounts · Answer

Thats disappointing to read Nick  While I do think there can be an honest way to wholesale or do assignments, there are too many "wanabees" being dishonest and unethical to Sellers. This hurts the industry in general.  Wonder how many report their actual profit and income to Uncle Sam like I have to do? Rob, I'd be curious which title company you're referring to  I have one legitimate client I could refer their way!

Account Closed · Answer

@Aimee Sowards-Mounts

I know, I fought for 5 years to address the problem. The problem starts with the Guru's who teach/instruct/rip off wanna be REI's. They are not instructing newbie's or even more seasoned REI's on how to do assignments/wholesaling properly. I have reached out to a large  number of Guru's to help them teach/instruct the proper way to conduct a real estate transaction and they don't want any part of it. They only want to know how they can stay out of trouble.

Account Closed · Answer

@Aimee Sowards-Mounts

And how many of the complaints have been finalized with some type of regulatory action? Believe me when I say they aren't doing anything, I fought the battle for 5 years and it is partially why I left.

Account Closed · Answer

@Aimee Sowards-Mounts

Since I left no one is watching from the Division of Real Estate. Have you seen any other posts addressing anyone else from the Division?

Alli Issa · Answer

Thank you all for responding and answering my question,this helps me out greatly  and @Robert Ellis i will certainly pm you for  recommendation.

Also one more question where can i find those wholesell meetings that people attended? I'm trying to establish connection with rehapers/wholesellers who are ready to buy a good deal here in Columbus  again thanks in advance.

John Horner · Answer

I haven't heard of anyone getting busted.  If the seller and the buyer are both happy who would turn them in?  It's not like the division is looking at HUD's looking for wholesalers.  Besides, wholesalers know to keep realtors and broker off their lists just in case.

I don't wholesale, but I do buy from wholesalers.  Get the deal first, usually if you have a good cash buyer they will know of a title company that will make it work.

Aimee Sowards-Mounts · Answer

You better be prepared in the Columbus Ohio market to do a double closing and take title first. Columbus is very strict, and most all title companies are very loyal to their Realtor partners vs am occasional wholesaler. The Ohio Division of Real Estate watches all sides of the real estate transactions, including title companies.  Their license and business are not worth it. Most also have attornies on staff and protect them from liabolity or the Division breathing down their neck. As an agent here, I've seen the crackdown here locally!

Any good Wholesale friendly title company in Columbus Ohio?

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