Updated over 9 years ago on . Most recent reply
Title company
The past few days I've been having difficulty finding a title company that works with wholesalers. Just yesterday I was able to find one that understood when I explained about a double closing or simultaneous closing. I even went as far to be specific with him and mentioning about two separate transactions and all that and that I was aware of it. He mentioned that he did do those type of transactions but that there needed to be a disclosure to the seller saying that I would be profiting from this deal and how much. I was taken aback because I thought the purpose behind a double close was that only I knew what my profit was.
How true is this and has anyone had any issues with double closings.