Title Company for Out-of-Town Deals

[Rasheed Muslimani]

Good Evening BP Community!

I'm mailing out my 2nd Postcard/ DM Campaign.

My question is about potential deals with absentee owners out of state or simply out of my immediate city.

Say i find a motivated seller and get a purchase agreement completed (Step 1 prior to the Assignment contract to a motivated buyer).

In your experience, what city does the title company need to be located, the same city as the cash buyer?

To put a specific example, lets say I find a deal on a house in Naples, FL and the absentee owner is in Georgia.  Can close the deal in Miami, FL (My current residence.)

Any feedback is greatly appreciated.

Thank-you!!

[Larry P.]

I would suggest finding a title company in your city and speak to them first as they should have several options available for handling out of town sellers.  A good title company will make this an easy process for you.