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Updated about 7 years ago on . Most recent reply

User Stats

11
Posts
1
Votes
Ana Patrice
  • Investor
  • Houston, TX
1
Votes |
11
Posts

Wholesalers and Title Companies

Ana Patrice
  • Investor
  • Houston, TX
Posted

My agent told me that wholesalers won't agree to use my title company, even when I am paying for the title policy and all closing costs. Today, I find out that the wholesaler's title company hasn't even touched my purchase contract, and we opened title a week ago - no title policy, no survey, no elevation certificate. I'm livid, since we are supposed to close in 7 days. I've never had to wait more than 48 hours to have all of this at least ordered with my preferred company.

So, my question is: is it so impossible to use my own title company? and why?

I've already asked, and they will do assignment contracts and charge the discounted investor rates.

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