Does anyone know how I can find a title company in Chicago proper that does Subject 2s? Thanks
call around and ask them if they can do it
I have called & no one know what I’m talking about. They say they’ll do what the lender tells them…I say don’t tell the lender any thing. I wonder what’s the best thing to say to the title company when asking if they’ll escrow sub. 2s? Thanks,
u really don’t need an escrow agnt or a title co to close the s2 transaction. just be sure to do a good title check. u r not getting new financing so a title co/title ins is not needed.
tru, most title co’s DO NOT know what a sub 2 transaction is
Alana,
Well, Subject To deals are great. It is terrific you are doing them. There are ways you can do them to also protect yourself from the Due on Sale as well.
As to a title company, as I have stated on this board many times, if you want to know the best people in the business, find out what other local investors are doing and ask their advice.
Local investors can be found at local REI Clubs.
I will say however, that when you attend a meeting, you will not get an answer sitting alone. You also won’t get it if you just walk up to someone and ask.
Remember these are essentially networking groups, and true networking is acheived when you find out what you have to offer the other person first.
Good luck. By the way, where in Chicagoland are ya from?