Posted by John Merchant on April 13, 2004 at 11:17:37:
Maybe you’re saying too much when you call the title co.
If title co. is handling deal A, and you then take them deal B to close as well, using funds received from deal A to close deal B, there should be no problem.
But, if you still encounter any problem or reluctance from a title co., simply use a 2d title co. for 2d leg of your simultaneous deal.
Title Companies won’t do double closings/flips - Posted by C.B.
Posted by C.B. on April 05, 2004 at 16:31:56:
I have called several title companies in the D.C. metro area and they all say that they will not do a double closing that involves a flip because they are “not insureable”.
What does this mean? All the “gurus” say that double closings are common. Do people still do them in DC/MD/VA or am I dreaming?