How Real Estate Wholesalers Can Prevent Double-Closing Delays

Double closings can help wholesalers complete transactions that may not work as simple contract assignments. However, two transactions also mean two sets of documents and several opportunities for a delay.

Choose the Closing Professional Early

Not every title company regularly handles double closings. Confirm their experience and requirements early to prevent confusion later.

Verify the End Buyer

Request proof of funds or a lender approval letter. A buyer saying "I have the money" is not the same as verified funds.

Start Title Work Immediately

Title issues like unpaid taxes or liens are common causes of delays. Open title as soon as the original property is under contract.

Arrange Transactional Funding in Advance

Do not wait until closing morning to search for capital. Submit your agreements and title info to your funding partner early.

Maintain Clear Communication

Establish one primary point of contact and communicate changes immediately to the seller, buyer, lender, and title company.