Dallas-Fort Worth Real Estate Investor Club

Kitchen Table Closings Now Eliminated under Sept 1 Law???

  • 03 Sep 2017 7:05 PM
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    Message # 5061882
    Sheila Wakeman

    I overheard discussions at our meeting Saturday, but did not get to delve into the issue.  But, what I heard was that now no kitchen table closings are permitted in this state as of 9/1/17....  Can anyone enlighten me on that question?  I've searched online and came up with nothing.
  • 04 Sep 2017 2:09 PM
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    Reply # 5062955 on 5061882
    Deleted user
    Hi Shelia, I dont remember John saying that, can you elaborate about what he was talking about? If you are putting an option on a home and flipping it to a lease option purchaser, you are not closing anything. 
  • 05 Sep 2017 7:57 AM
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    Reply # 5063861 on 5062955
    Sheila Wakeman
    Chris Winkler wrote:Hi Shelia, I dont remember John saying that, can you elaborate about what he was talking about? If you are putting an option on a home and flipping it to a lease option purchaser, you are not closing anything. 


    No, this is on selling a subject 2 property.  It was not John Jackson, our speaker, who said this; it was John Johnson (I finally remembered who said so.  I should just call him, I suppose.)  Thanks, Chris...
  • 05 Sep 2017 3:01 PM
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    Reply # 5064570 on 5061882
    Deleted user

    Sheila,

    I'm interested in getting additional info on this as well.  If I own the Deed on a property how can someone make me close with an attorney or title company? 

    FYI - I always recommend buyer's to close with a title company but I have personally completed many table top closings.  
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