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Updated almost 13 years ago on . Most recent reply

User Stats

73
Posts
18
Votes
Martin CS
  • Investor
  • Allentown, PA
18
Votes |
73
Posts

are lots any different for wholesaling?

Martin CS
  • Investor
  • Allentown, PA
Posted

I wholesaled or flipped a few homes but I have 2 lots under contract and I may already have a buyer? What is different from selling lots vs houses? Normally I would do a title search on a property and then use that title company to close while having my buyer buy their title insurance. These lots are only going for about $5000 per lot , I am thinking title insurance may be a waste of money...

I know that of course the buyer will want to look at wether a home is buildable which it looks like that won't be a problem because this in a gated community with homes nearby. What advise could someone here provide? Thanks!

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