Posted by Natalie-VA on August 28, 2008 at 13:58:59:
In Reply to: Double Closing posted by EB on August 26, 2008 at 13:47:48:
EB,
I could be wrong, but IMO, a double close is where there are two transactions and each buyer brings money to the closing table. A simultaneous close is where there are two transactions, but only the end buyer brings money to the table. I hear that these are becoming very rare.
In either case, the middle man IS taking title, maybe only for a minute, but yes, he will appear on title.
--Natalie