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Updated about 11 years ago on . Most recent reply

User Stats

79
Posts
11
Votes
Dante Nava
  • Real Estate Investor
  • Cary, NC
11
Votes |
79
Posts

Wholesale closing process

Dante Nava
  • Real Estate Investor
  • Cary, NC
Posted

Hi,

I've been looking for info in this, but in North Carolina, what does the closing process look like when you are in a wholesale situation. Meaning: I find a seller, they sign a contract that I then sell my position on. Where does the property inspection come in (I'm assuming the C buyer does it)? Also, where does the title company come in and the (I'm assuming) closing attorney come in. Is closing any cheaper this way than when you're buying a house retail?

I know this is several questions at once, but those are the details that are fuzzy for me. Thanks in advance.

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