Who to hold earnest money? (attorneys, Realtor, states, company)

[arjay57]

What if you're doing a transaction with no realtores involved? Where is a good place to have the earnest money held if the closing attorney doesn't want to do it?

[MikeJaquish]

Originally Posted by arjay57

What if you're doing a transaction with no realtores involved? Where is a good place to have the earnest money held if the closing attorney doesn't want to do it?

Find another closing attorney. It is a common service.

[Okey Dokie]

Or, in the Midwest, where we don't use no stinkin' attorneys, a title company.

[Yippeekayay]

I can hold it for you.

[arjay57]

Great ideas. Thanks!

[jaynarie]

In non-attorney states, it is standard for the title company to hold the funds.

[jackmichigan]

Title company.