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First, real estate terms get corrupted and misused, so I can use the term one way and you receive it another.
The second type is a wet closing, that is where separate funding is used to close each escrow, that could be transactional or flash funding to close the first escrow, and the buyers Nike Hoodie With Arm Pocket
funds to close the second escrow and pay off the flash funder.
Title companies use the term back to back closings, Nike Windrunner Black Jacket and they are of two types. A dry closing, that is where Nike Windrunner Maroon
the funding to close the first escrow comes from the money funding the second escrow. Title companies are now reluctant to do these.
Simultaneous closing in California
There are several ways to skin a cat, and it is possible to do a single escrow and avoid the back to back closing and extra costs. Start reading the archives, and learn. Post when you have something working and maybe get a few suggestions here.
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