Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 almost 7 years ago on . Most recent reply

User Stats

14
Posts
3
Votes
A Xiong
  • anchorage, AK
3
Votes |
14
Posts

My title company backed out HELP!!!

A Xiong
  • anchorage, AK
Posted

Hey guys, I have a property under contract and before hand I spoke with a title company and they assured me they do assignments of contracts but now after looking at the contracts they are backing out saying that since the price I got it under contract to is different from the price I'm assigning it to they wont be able to close. I've contacted a couple of other escrow officers (not from a title company) and they seemed like they would be to set up the escrow. Can we close escrow with someone else (not the title company)? And have the investor record the deed with the title company?

Most Popular Reply

User Stats

42,852
Posts
63,210
Votes
Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
63,210
Votes |
42,852
Posts
Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied
Originally posted by @A Xiong:

Hey guys, I have a property under contract and before hand I spoke with a title company and they assured me they do assignments of contracts but now after looking at the contracts they are backing out saying that since the price I got it under contract to is different from the price I'm assigning it to they wont be able to close. I've contacted a couple of other escrow officers (not from a title company) and they seemed like they would be to set up the escrow. Can we close escrow with someone else (not the title company)? And have the investor record the deed with the title company?

if the buyer does not require title insurance just prep the deed yourself.. meet at the bank have them hand you cash and you hand them the deed and let them go record it..

business profile image
JLH Capital Partners

Loading replies...