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All Forum Posts by: Kevin Quinn

Kevin Quinn has started 2 posts and replied 5 times.

Post: Finding Wholesale Friendly Title Companies

Kevin QuinnPosted
  • Investor
  • Springfield, PA
  • Posts 5
  • Votes 4

Thanks @Bill Gulley 

I appreciate your feedback and commentary.  I'm certainly not looking to do anything underhanded or sneaky.  I was of the understanding that completing a double close or assignment of title are completely above board but that some title companies are gun-shy or less receptive to those types of transactions.  Perhaps due to the reasons you mentioned as not wanting to take business away from their realtor relationships and because they're not accustomed to these types of closings everyday. 

Thanks again-

Kevin

Post: Finding Wholesale Friendly Title Companies

Kevin QuinnPosted
  • Investor
  • Springfield, PA
  • Posts 5
  • Votes 4

Hi @Karen Margrave ,

Thanks for the welcome and your response.  My understanding is that only certain title companies will perform "double closings" or "assignment of contracts".  The challenge with the "double close" is that back to back closings are performed almost simultaneously and that the "assignment of contract" usually involves the wholesale simply collecting an assignment fee while the wholesalers' seller and cash buyer close with the wholesaler taking a cut.  I've called several local title companies (they also handle the closings here in Pennsylvania) and they indicated that they "don't do" double closings or "assignment of contracts".   Sorry if I'm oversimplifying as I'm still getting up to speed and thanks so much for your time.

Kevin

Post: Wholesale Friendly Title Companies in Philly/Delaware County

Kevin QuinnPosted
  • Investor
  • Springfield, PA
  • Posts 5
  • Votes 4

Hi Curt-

I actually posted two different but somewhat related questions.  One was asking how to go about finding Wholesale friendly title companies and the other was asking if people could recommend any wholesale friendly title companies in the Philly/Delaware County area.  

Aren't they two separate and distinct questions?

Thanks-
Kevin

Post: Wholesale Friendly Title Companies in Philly/Delaware County

Kevin QuinnPosted
  • Investor
  • Springfield, PA
  • Posts 5
  • Votes 4

Hi-

To follow up on an earlier question I had about how to go about finding wholesale friendly title companies; does anyone in the Philly/Delaware County area currently use any wholesale friendly title companies that will handle both assignments and/or double closings?

Thanks-
Kevin

Post: Finding Wholesale Friendly Title Companies

Kevin QuinnPosted
  • Investor
  • Springfield, PA
  • Posts 5
  • Votes 4

Hi everyone-  New to the website but highly interested and motivated to get involved in Wholesaling.  How do others go about finding Wholesale Friendly title companies?  Can you alternatively use wholesale friendly real estate lawyers?  

Thanks-

Kevin