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Why Wholesalers Should Wait For Clear Title

1,481 views · Published 23 April 2017 · 4:59 · Indexed 16 October 2026

Channel: Investor Army · 2017 · People & Blogs

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Why Wholesalers Should Wait For Clear Title??? I give you the answer in this video plus the right way to handle the whole situation from A to Z.  

When wholesaling houses you should always wait for clear title unless you do not have a long option period and in that case you need to go ahead and gamble because it is a bigger gamble that you don't get the deal at all.

As a wholesaler you should wati for clear title if possible and be a lot more cautious if you are working with lower price point homes. The last thing is you need to know how long it takes your title company to get clear title in relation to the length of your option period.

The last thing is never spend a non-refundable deposit check until the deal closes because if it doesn't close you owe this money back and it is refundable because you did not convey clear title. If you do not give it back you are stealing.


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