Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago on . Most recent reply

User Stats

41
Posts
18
Votes
Garrett White
  • Property Manager
  • Durham, NC
18
Votes |
41
Posts

Double Closing Title Companies/RE Attorneys in Greensboro NC

Garrett White
  • Property Manager
  • Durham, NC
Posted

Hey BP,

I came across a home in Greensboro NC and have a buyer ready to move on it. I'm looking for a wholesaler friendly title company or real estate attorney. I'd rather not have the Seller see how much profit I'll be making on this deal.

Any suggestions?

Thanks,

Garrett W.

  • Garrett White
  • Most Popular Reply

    User Stats

    224
    Posts
    126
    Votes
    David Miller
    • Attorney
    • Durham, NC
    126
    Votes |
    224
    Posts
    David Miller
    • Attorney
    • Durham, NC
    Replied

    @Chris Martin is correct that most attorneys are not going to do both closings simultaneously - it creates all sorts of potential conflicts of interest. And if both buyers are not bringing purchase monies to the closing, you run afoul of the NC Good Funds Settlement Act.  The easiest route is to do a contract assignment to your buyer and have the buyer purchase directly from the seller and pay an assignment fee to you. 

  • David Miller
  • Loading replies...