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Updated about 11 years ago on . Most recent reply

User Stats

34
Posts
12
Votes
Shannon Elam
  • Investor
  • Alsip, IL
12
Votes |
34
Posts

When to bring in the Title company

Shannon Elam
  • Investor
  • Alsip, IL
Posted

Hello BP Community,

My partner and I have put in an inquiry on a property that seems like a good deal and we want to go see it this weekend. We have been gathering a lot of information on the REI processes but we do not have any experience. Should we or could we have the Title company check the title before we have a purchase and sell agreement?

The seller lives out of state and gave us access to the lock box to check it out. We also want to take a couple of contractors out with us to get an estimate on repairs and updates needed. Our plans for the property is to fix-and-flip it, with some guidance, or at the very least, wholesale it.

I guess I want to ask if we are taking the right steps and going in the correct order.

I hope someone can help us. Thanks in advance!

Shannon

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