Title companies in Phoenix that will do single-funding double-escrow / double-closing

Title companies in Phoenix that will do single-funding double-escrow / double-closing

Multi-family Investor · Phoenix, AZ · Member since 2013 · 24 posts · 4 votes

If anyone has title company contacts in Phoenix that are investor-friendly, and will allow "dry" or single-funded double-escrow / double-closings, it would be appreciated.

The current title company that I use will allow this, but they require extensive wording on the buyer (A-B) contract that states I am purchasing the property with a third party's money and plan on immediately selling to that third party. Also on the selling contract (B-C) that the property I am selling was purchased with the intent to resell to the third party. (Not as big of a deal.)

Is this typical?

Are there any title companies that actually do an old-school double close without transactional funding, or is this rare these days?

thanks

bill

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  • Rental Property Investor · San Diego, CA · Member since 2011 · 1k+ posts · 1k+ votes
    13y

    I can't recall their name but Sean Terry mentions who he uses in his podcasts and they are solid!

  • Dallas, TX · Member since 2013 · 4k+ posts · 744 votes
    13y

    William,

    I might know someone but they will not let you used the end buyers funds to closed the A-B if that is what you are trying to do.

    Joe Gore

  • Dick RosenPro Member
    Property Manager · Gilbert, AZ · Member since 2009 · 1k+ posts · 451 votes
    13y

    I've heard Sean Terry mention a company but don't recall which one it was. Investor friendly that I'm aware of are All American, Chicago and Great American.

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