Posted by Vic on May 07, 2000 at 21:28:52:
It couldn’t hurt to have them start preparing title work.
But are you going to actually buy in your name with a loan, or are you just the middle guy trying to flip without getting a loan?
If you’re buying, with a loan, then yes most definitely get title work going. If you’re just wanting to flip, it wont be that much of an emergency because your buyer is probably going to need some time to get his loan together, which would give you enough time to do title work. The title co. might also want to see a purch. agmt between you & your buyer before they start any title work.