Out of state owner - Closing

[Eric NA]

So I'm in the process of putting together marketing for out of state owners and it suddenly dawns on me, what if I actually get a seller who wants to sell, how do I close? It's simple if the person is located in my town because we just meet at the title company, I bring the buyer with me, and we get it done.

If the seller is in Washington and I'm in Oklahoma, and the seller is happy to sell, would everything just be completed via mail? IE we go to our title company and they go to a title company where they are located and then the title companies work it out?

[Account Closed]

The escrow company will do all paperwork with only faxed signatures, ecept the final deeds and loan papers. Those need to be notarized, so you have them notarized and fedex them overnight service.

Escrow compamnies do it all the time, so they won't even turn an eyelash.

I wouldn't bother to have any of the offers and counter offers notarized. The escrow compnay will verify the identity of the seller. Either party can get out at any time, so why bother?

Your contracts that you have written for yourself should have plenty of wiggle clauses for yourself. And even if the seller (or buyer) doesn't perform, what are you going to do? Sue them? Over a house deal that doesn't go through? Get real; it isn't worth a lawsuit. If the deal falls out, go find another house.

I'd use a title compnay wher the house is located and you and your buyer just fax and fedex to them. Don't pay an additional company in your location.