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Updated over 13 years ago,

User Stats

74
Posts
14
Votes
Jon C.
  • Real Estate Investor
  • Phoenix, AZ
14
Votes |
74
Posts

Very basic question re: making an offer and using title company

Jon C.
  • Real Estate Investor
  • Phoenix, AZ
Posted

These may be very stupid qustions but here goes.

1. I understand that "making an offer" on a fsbo can be done however you want(verbal, notepad, whatever) before the contract is written. What about when dealing with an REO? Do you just fax a copy of the purchase contract with your numbers on it or is there some official form that is used?

2. After a contract is signed with the seller and I intend to wholesale the property, when do I give the sellers contract and paperwork to the title company? Do I give it to them right away even if I don't have a buyer yet so they can start the title search and whatnot? Or do I wait til I get a buy side contract completed, then give the title company everything?

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