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Updated about 7 years ago on . Most recent reply
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Paying Title Insurance Twice On Double Closing A Wholesale Deal
When doing a double closing on a cash real estate wholesale transaction, have any of you had to pay title insurance on A-B & B-C contracts?
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If you use the same title company for both transactions you can do a "hold open" on the AB transaction and the only pay the difference on the BC transaction. Normally A would pay for title insurance on the AB transaction and B would pay for it on BC. Assuming you're B, you would only pay for the difference in the two values by using the hold open.