Wholesaling
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 4 years ago,
How to structure contract for Wholesaling deal - Washington State
We have talked with Chicago Title's senior escrow professional, and they told us it is not possible to structure a contract using "and/or assigns" with a simultaneous close in the state of Washington. Or, more importantly, we have to show funds available to close before we assign or switch to the new owner. Is that truly the case? We have talked with Mortgage lenders and no one in the Greater Seattle area seems familiar with the concept of wholesaling. Can anyone point us to a title company that has experience with a wholesale contract? Or is WA state better for flipping, the BRRRR method and/or wholetailing? Thank you for ANY help you can offer. Carin and Rod