I'm just getting started in the wholesaling business and have just a few quick questions:

1) I would like to know which title company in DE can perform a double closing (for REO and Short Sale Properties) or can perform assignment of contract transactions?

2) Is it best to ask for a deposit up front when assigning a contract to an investor? And if so, how much is the norm?

3) Should I pay for a title search before I market the property? Where is cheapest to get that information?

4) Is a earnest money deposit even required? Or can I use $1 to make the contract binding? Do I deposit this with the title company or give it to the seller?

Thank you!

Andrew McDannels

andrew@scottishventuresllc.com

302-382-6057