Posted by Jim CA on February 03, 2001 at 16:53:57:
No Darin,
I live in an county I’m in the average house sold for $329,000. That’s the average price of properties. Here, 3/2 - 1200sqft start at about $190,000 to $210,000 and go to upper $200,000s. So, as you see, it’s crazy here, too. I do what I can to NOT hold title in a Escrow account. I’ll just let the seller hold the title (in a Trust!), if I have too. I find it’s just an added expence, unless the seller demands it to do the deal.
Escrow - Posted by Josh Lingle
Posted by Josh Lingle on February 01, 2001 at 03:09:49:
Can someone give me a Scenario on how i would go about putting a Property in Escrow, Due my diligence, and sell my position to a Investor?
Re: Escrow - Posted by Jim CA
Posted by Jim CA on February 01, 2001 at 04:06:12:
Josh,
Are you looking to get a house under contract, put it into Escrow and then sell your position at the closing table.
OR get the house under contract and find the buyer before you open Escrow and sell your contract.
OR get the house under contract and find the buyer and do a simultaneous closing.
What are you looking to know more about?
Re: Escrow - Posted by Darin in Ca.
Posted by Darin in Ca. on February 01, 2001 at 16:10:25:
This may be a weird question but is this crazy Jim in L.A., If not I’m sorry.