What exactly does the title company do when...

General Real Estate Investing
1

Hey guys, this is mainly an educational question.

From what I understand, when the title company receives the contract and starts preparing the deed based on the terms of the contract and lender’s requirements.

What exactly do they do with the following:

A contract to assume existing loan

A contract with subject-to wording

A contract with Wrap around mortgage wording

2

well, I don’t know. I’ve never done a wrap or assumption with the title co. I enter that contract with the seller, take over payments and clear the title work when I sell it.

3

So you don’t get the deed or register it until you sell it?