Did you know that Ticor Title has the resources and flexibility to assist with creative closings in our current market? In business since 1894, we have the experience to close the transactions that most other title companies can’t.
- Wrap Transactions –
A Wrap is a type of seller financing wherein the sellers existing loan is wrapped by a secondary loan from buyer to seller. The payment from the buyer is then used to pay the sellers existing loan. - Mortgage Assumptions –
An assumable mortgage is a loan that can be transferred from one party to another with the initial loan terms remaining in place. - Double Closings –
A double closing is the simultaneous purchase and sale of a real estate property. - Contract Assignments –
A contract assignment allows a buyer / investor to assign their interest in a Real Estate Purchase and Sale Agreement to a third party (normally for a fee).
