When I spoke to my title agent she highly recommended a lawyer to be present when I do double closings. I don't think she realized that I was talking about a cash deal at the time. She also mentioned that in the west coast title companies have more power than on the east coast.
So my question is, what would the lawyer be for? If I were to perform a double closing, why would I need a lawyer? I want to know whether the $1000-$1200 fee would be worth having a council.
I will consider having a lawyer, because you want to know that what you are doing is legal by the state and to make sure your lawyer read all the document's and contracts.
It's in NY, but a referral to a title company in NJ would be cool (I might start going into that market eventually).
I always preferred that over assignments, tbh.
Is property in NJ? I can refer you to my title company if you want.
Why are you doing a double closing??
Eric Einholz do you preferred to buy a house then sell it on a later date or do a double closing?