Good Afternoon Rolanda Eldridge:
I have a question for you or any of you in BiggerPockets.com Wholesaling Forum!
When I find a Property and I'm ready to put it Under Contract. I begin to fill it out and in the process there is a section where it state Earnest Money Deposit! So if I decide to put down let's say $500 then it states that the deposit will be held in Escrow by and Escrow Title Company let's call it "ABC Title Inc."!
My problem is that I don't have No Title Escrow Company at all! I've tried calling over 50 different Title Companies around my area and in other states and neither one does not do this kind of business or they have NO experience doing it.
So on my Purchase and Sale Agreement Contract where it states the Name of the Title Escrow Company what do I write on there since I don't have an Escrow Title Company???
Or should I contact a Cash Buyer and let that Cash Buyer put up the Earnest Money Deposit and Provide me with the Name of his/her Title Escrow Company!!!
So Rolanda or anyone else, please help me out here! PLEASE!!!
Thank You for taking the time to read my post!!