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Bird Dogs, Wholesaling, Flipping Properties Forum
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TONYMAN
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Posts: 38
Title check?
«
on:
August 20, 2007, 09:05:37 PM »
Has any other wholesaler done title checks before presenting a property to him/her? Is it common? **and also** something that just popped in my head- do wholesalers ask for earnest money from the investor buyer?
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Last Edit: August 20, 2007, 09:11:18 PM by TONYMAN
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reiauctions
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Re: Title check?
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Reply #1 on:
August 20, 2007, 09:57:11 PM »
It's definitely a good idea to do a title check. If there are problems, it makes you look like you don't know what you are selling. Yes, get earnest money you want the buyer to have something in the game, otherwise what is there incentive to follow through and close.
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Tom Wood
TONYMAN
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Re: Title check?
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Reply #2 on:
August 20, 2007, 10:12:27 PM »
I see thank you for your input!
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jparkx1
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Re: Title check?
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Reply #3 on:
August 20, 2007, 10:15:30 PM »
what's a number one shouldn't go over for an earnest money deposit?
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