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Updated almost 7 years ago,
Hud Home double escrow (closing)
Hello Everybody,
I'm in the process of learning how to wholesale HUD homes. Is doing a double escrow in Florida legal? As in my A(hud) to B(me) would happen once I get accepted and once i send in all my earnest money and paperwork. Then wholesale it to an end buyer B (me) to C(cash buyer). So during closing my title agency would accept C (cash buyer) funds to close the A(HUD) bid accepted price and I would keep the difference. And everybody would be happy HUD sells home, I receive my wholesale spread and cash buyer receives great rehab home
please advise :)