OfflineI recently called a title company and asked them if they do double closinga and they said yes and i explained that if i buy a property and want to sell it to someone else will u take care of it immediately for me and said yes but it depends on the mortgage cuzz sometimes it can be illegal. can someone clarify what they meant?
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I think they are assuming to much. If you didn't mention a mortgage in the equation then its not something to worry about. The point to be made with this is to understand that there are deed restrictions that can be placed on a home. small example would be, if you went to buy a house that had a deed restriction that said if the seller sells too soon after they closed then it would be unlawful for you to buy the property.
Keep in mind this is only 1 example.
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