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Updated over 4 years ago on . Most recent reply
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Title says they can't send me the reno budget at closing. Help!
I'm closing on my first BRRRR property on Monday. My private lender was going to wire the purchase cost and renovation budget to the title company, and I was told that title would send me my renovation budget at closing. Today they called me and said it's not possible for them to send me the money. Is this true? I thought I had read that this is normal???? What do I do? I need some help!
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What is your written agreement with the private lender? They typically control release of funds as work is completed, not the title company