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Updated over 15 years ago on . Most recent reply

User Stats

717
Posts
50
Votes
Greg P.
  • Los Angeles, CA
50
Votes |
717
Posts

Wholesaling REO's question

Greg P.
  • Los Angeles, CA
Posted

Hello, lets say I get a REO under contract, and the bank accepts. A day or so before I tell the closing company I would like them to send the HUD and other paperwork to my title company as they will do a courtesy closing. I've hear sometimes the Banks won't allow that and require you to close at their closing. If I have my end buyer in place and I have the cash, it is possible to just close the deal at the Banks Title company and a few hours later close at my title company with the end buyer? Is there any tactics or strategies to make this smooth or work better? Thank you!

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