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Updated about 2 years ago on . Most recent reply

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Kevin Moua
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Wholesale and Contracts.

Kevin Moua
Posted

Hello everyone. Newbie here. I've stumbled upon a house for sale and is looking for advice or wise words of who is a investor friendly title company that will help close deals. I know nothing about contracts and any tips or templates or examples of contracts would be helpful and appreciated.

Thank You.

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Adam Macias
#5 Classifieds Contributor
  • Agent Sales Representative at BiggerPockets
  • Fort Collins, CO
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Adam Macias
#5 Classifieds Contributor
  • Agent Sales Representative at BiggerPockets
  • Fort Collins, CO
Replied
Quote from @Kevin Moua:

Hello everyone. Newbie here. I've stumbled upon a house for sale and is looking for advice or wise words of who is a investor friendly title company that will help close deals. I know nothing about contracts and any tips or templates or examples of contracts would be helpful and appreciated.

Thank You.


 Which state are you doing business in? Wholesalers do the most transactions on a frequent basis and when you find a title company that understands assignments it's incredible because they value you. Best thing to do is simply Google "Title company in (city)" and look for the Escrow Officer's email and let them know your intentions.

"Good evening Title Company,

My name is Adam Macias and I'm a real estate investor investing buying in the (city) area. I'm currently looking for a better title company to work with and I have a few questions for you to see if we would make a good fit.

I make multiple offers every week, many times I get more than one offer accepted at the same time, but I may have the cash to close on one or two of those deals. But since another deal may still be under contract at a discounted price I have partners that want any deals that I cannot close myself. In that case I generally assign the contract or double close.

Do you handle assignment of contracts?

I look forward to speaking with you soon and also have a few more questions I'd like to ask about your services. I originally tried calling but it seemed the office was closed at the time."
  • Adam Macias
  • [email protected]
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