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Updated over 4 years ago on . Most recent reply

Double Closing (In Escrow) Without Using Funds
I currently have a seller wanting to sell their home, however I am wanting to utilize the double close method where the end buyer funds the whole deal.
My question is what contract do I use? And is anyone willing to show me what that contract looks like?
Most Popular Reply

You'll need to find a closing attorney/company that is willing to do this - double closings are not uncommon, but depending on your state, your approach/strategy will need to adjust.
In some states, this can be tricky, as they do not allow what is called a 'dry closing' -- where you essentially use the end-buyers funds to fund both closings - but in states where that is legal, or frowned-upon, you'll need to find a private/hard-money lender who is willing to offer 'transactional funding' (usually for fee). This will check the box for funding the double-close properly (if 'dry closing' is not an option) -- but you'll need to account for that in your math for how the deal pencils out.