Posted by Tom on August 11, 2006 at 12:52:53:
The seller has to make sure that title is clear to sell. If this were a sub2 deal it is in your best interest to make sure the title is clear to avoid complications when you sell.
Tom
Submitting contract to title comp. - Posted by ETinoco
Posted by ETinoco on August 11, 2006 at 10:50:43:
I recently found a very nice property on a dbl lot and put it under contract. I’m wholesaling so I’m not the end buyer, can I submit the contract to the title company anyways just to make sure the title is clear? The closing will take place there.
Who’s paying the TC? - Posted by John Merchant
Posted by John Merchant on August 12, 2006 at 09:29:12:
The TC will prepare and SELL you a preliminary title opinion so you’ll know what docs have to be done to sell.
Just make sure it’s the SELLER who’s paying for this PT or the Title Co. will stick you with the bill.