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Pennsylvania Real Estate Q&A Discussion Forum
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Updated over 7 years ago on . Most recent reply

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79
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4
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Joe P.
  • Rental Property Investor
  • Mechanicsburg, PA
4
Votes |
79
Posts

Need Title Company Familiar with Contract Assignments

Joe P.
  • Rental Property Investor
  • Mechanicsburg, PA
Posted

I have an opportunity to assign a contract on a vacant land property.  I need a title company that is familiar and able to do contract assignments.  A company in the Harrisburg area would be ideal but not required I suppose.  

I completed one assignment before and the title company told me to have the buyer pay me the assignment fee outside of the property closing.  I would like to find someone to complete this transaction with the assignment fee included in the closing because I think the buyer would be more comfortable having a 3rd party handle it.  I don't think they would be comfortable if I told them to just send me a check for a few thousand dollars and I'll have the title company complete the closing....even if we sign an assignment of contract agreement.  Any title company recommendations or advice for me?

Most Popular Reply

User Stats

1,351
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1,087
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Josh Caldwell
  • Investor
  • Dallas TX, United States
1,087
Votes |
1,351
Posts
Josh Caldwell
  • Investor
  • Dallas TX, United States
Replied

You don't want to assign a contract in PA, yo want to release your rights to the contract and get paid either a release fee or a consulting fee on the HUD 1

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