All Forum Posts by: Heather Thuli

@Heather Thuli You will need to become familiar with the laws in the markets you operate within. If IA state law requires the use of an Real Estate Attorney to close transactions a.k.a an "Attorney State," then you will need an attorney. If IA is optional or does not specify, then you could use a title company. In some instances, RE attorneys will also own a title company or use the services of a title company to handle the title-work, which is an important part of the process, but not the only part. I recommend becoming familiar with the steps involved with a closing in your state, that will help you feel more comfortable with what to do and what services to engage. Oh and every Real Estate Attorney I have used has a trust account that may be used for Escrow, and they will disburse funds at closing to satisfy any mortgages, liens, etc., and to the parties in the deal in accordance with the terms of the purchase and sale agreement. Just confirm with your RE attorney about placing EMD in escrow with his/her office.

Hi Heather, 

I am new to real estate but working with a realtor to start investing in properties. Dubuque is one of the primary areas I’ve been looking. If and when you are able to start wholesaling, it would be great to connect and potentially work together. 

Hope you’re able to get some help, too!! 

- Emily