Are Double Closings allowed in Hawaii?

[Michael Gayer Jr]

Aloha Hawaii Property Investors,

Are Double Closings allowed in Hawaii?

If yes ... Who do you use for your double closing? Company & Closing Agent, please.

Thank you in advance,

Mike

[Jay Hinrichs]

@Brent Coombs  double closings or pass through clsoings are not allowed in many jurisdictions.. I believe its a federal law... but some choose to ignore it.

I know here in Oregon you as the buyer must wire your own funds into escrow.. you cannot use the C buyers funds to close A and B makes the delta...

I have seen in Attorney states were Attornies will accept personal business checks.. ( which are only good if C comes through LOL.) 

this is why you see many or most title companies will NOT fund without wired funds.. no checks no cashiers checks must be wired funds.  part of no cashiers checks is the fraud that was happening with those..

And even now most closers will call and read my wire instructions back to me before they launch my proceeds..  Hackers are intercepting wiring instructions.. I only send those in my Fed ex package anymore or encrypted  e mail

As for Hawaii don't know although Honolulu is a market we are going open Q 1 2017.

however one purchase there equal 10 in the mid west maybe 20 sometimes  :)