Posted by Max-Va on June 28, 2007 at 20:56:20:
Someone here can probably explain this better than I can.
There has been changes in the underwriting of Title insurance. Doing a double close with the buyer financing, the buyers lender as well as the origional lender will have to be notified about the transaction to get the insurance policy. This being done you the lenders will not allow.
it is something to that effect, I will read up on the details and reply tomorrow