When the time comes to close on your rental property, you’ll need to determine whether you should work with a title company, a lawyer, or both! Some states have requirements, while others allow you to choose.
In today’s video, I’ll elaborate on the role of both a title company and a lawyer in the closing process. I’ll share my personal preference, and how I typically handle the closing procedure in my real estate business.
You’ll learn about different states’ legislation about the closing procedure. You’ll also learn the exact responsibilities of a title company, and why they are so important. I’ll talk about the HUD agreement, costs, and exactly what you need to know to successfully close on your rental property!
BOOK A FREE CALL WITH OUR TEAM TODAY AT MORRIS INVEST: https://goo.gl/DNIIh0
CHECK OUT OUR OTHER GREAT VIDEO PLAYLISTS LIKE:
VIDEOS ABOUT TURNKEY REAL ESTATE INVESTING:
VIDEOS ABOUT GETTING STARTED IN REAL ESTATE
VIDEOS ABOUT REAL ESTATE NEWS
SUBSCRIBE AND JOIN OUR AWESOME COMMUNITY:
LISTEN TO THE PODCAST:
FOLLOW ME ON SOCIAL MEDIA:
DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. We recommend them because they are helpful and useful, not because of the small commissions we make if you decide to use their services. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.