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Updated about 10 years ago on . Most recent reply

User Stats

104
Posts
13
Votes
Christian Lincoln
  • Contractor
  • new paltz, NY
13
Votes |
104
Posts

Title Company shy with Wholesale deals in New York

Christian Lincoln
  • Contractor
  • new paltz, NY
Posted

I'm not a wholesaler (but an investor), but my title insurance company doesn't like insuring anything from wholesalers. I don't know a way around this. New York State has a law about discouraging equity grabs from homeowners, so they stay away. Anybody have thoughts on this? I don't want to NOT USE wholesalers.  Is there a way to smooth the process, especially since in this case its an all cash deal?

thank you for your thoughts gang!

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