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Updated over 9 years ago on . Most recent reply

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
63,060
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42,792
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Whats with the REO sellers out sourcing their escrow work to India

Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Posted

Anyone run into this.. I am working on a few deals with another BP member buying some fix and flips I am going to fund and the escrow function is coming from India.. 17 e mails a day 4 to 5 calls wanting me to fund without proper docs and or title commitments.

My on the ground partner is ON it totally so we don't have a problem as he is an expert in his market and a RE broker and very seasoned so he won't let anything slip by.. but it this were Escrow functions are going off shore.. incredible.

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JLH Capital Partners

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