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Updated over 9 years ago on . Most recent reply

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24
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Patrick Froehlich
  • sioux falls, SD
40
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24
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Authorization Letter

Patrick Froehlich
  • sioux falls, SD
Posted

Does anyone have a generic Authorization letter to use to the Title company can check the title of a house that I am wholesaling? My title company told me to use my own to do the double escrow.

Thanks

Most Popular Reply

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J Scott
Pro Member
  • Investor
  • Sarasota, FL
17,195
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17,995
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J Scott
Pro Member
  • Investor
  • Sarasota, FL
ModeratorReplied
Originally posted by Patrick Froehlich:
Doesnt an authoization letter give the title co. permission to speak with the mortgage lender or bank?

Generally speaking, the title company doesn't need to speak with a lender to pull title. Like I said above, they may need it to get a payoff amount from a lender, and that may be what they're asking for. But you should clarify with the title company to make sure you know what they need and why.

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