simultaneous closes - Posted by marla (SC CA)
Posted by marla (SC CA) on December 02, 1998 at 18:48:35:
While at a title company for a refi on my PR, I asked the agent if she were experienced in handling simultaneous closes. She didn’t appear to understand what I meant (started talking about exchanges)so I explained that what I meant was where I’d buy a property and sell it right after. She said “Sure, but there must be full disclosure throughout unless you’re purchasing all with your own cash.”
From related postings I’ve read at this site, I didn’t think this would be an issue. Have I missed something? Did I just ask my question poorly or is this what I what I should expect from other title companies?
TIA for your advise!