How Legacy Title Makes Wholesale Deals Easier in Metro Detroit →

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(Interview with Stacy Fancher — Legacy Title)

Introduction — Why Your Title Company Matters

As a real-estate wholesaler, the bulk of your profit rides on one line item: your wholesale fee. A smooth closing can mean cash in your pocket within days, while a botched title process can stall—or even kill—the deal. In this interview I sat down with Stacy Fancher of Legacy Title to unpack exactly how her team keeps wholesalers (and their fees) protected from contract to close.

Watch the full 9-minute interview:
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1️⃣ What Legacy Title Handles for Investors

ServiceWhy It Matters to WholesalersAssignment & double-closing expertiseKeeps your fee off buyer docs, avoids confusion at the tableSub-to & creative financing supportOpens doors to more exit strategies, especially in today’s high-rate market1031 exchanges & cannabis dealsShows depth of legal/underwriting bench—complex ≠ impossibleDedicated investor teamOne point of contact that “speaks wholesaler” cuts down on back-and-forth

Key quote:

“We’re actually the leading Title Company in investment transactions. If it’s legal, we’ll close it.” — Stacy Fancher

2️⃣ Communication: The Cornerstone of a Clean Closing

Legacy Title’s biggest differentiator is proactive communication. Unlike some firms that go silent until closing day, Stacy’s team:

  • Updates you at each milestone (title search, payoff ordered, clear-to-close).

  • Flags missing docs early so you can chase down heirs, deeds, or payoffs.

  • Splits seller docs and buyer docs automatically—so your wholesale fee never shows up on the wrong HUD.

Why This Saves You Money

  • Fewer surprises → fewer extensions → less chance your buyer walks.

  • Prompt problem-solving keeps earnest money—and your reputation—intact.

3️⃣ Insuring at the End Contract Price (Not the Original)

Many title companies insure at the original purchase price, leaving your fee exposed if a post-closing claim arises. Legacy Title insures at the final assignment price, provided your buyer signs off. That extra coverage could be the difference between:

  • Getting reimbursed for the full value of the property including your fee, or

  • Eating a five-figure loss because the policy limit was too low.

4️⃣ Real-World Tips to Protect Your Wholesale Fee

  1. Ask up front whether the title company will split docs and insure at final price.

  2. Include a clause in your assignment giving the buyer permission to adjust the insurance amount.

  3. Keep a paper trail of all buyer approvals—email is fine.

  4. When fraud or clouds on title pop up, file the claim immediately.

  5. Build a go-to title partner (like Legacy Title) who knows your business model.

5️⃣ Connect with Legacy Title

Ready to run your next Metro Detroit deal through a wholesaler-friendly team? Reach Stacy Fancher directly:

  • Phone: 248-913-9107

  • Email: Sfancher@legacyclosings.com

Mention “Randy Stedwell’s interview” for VIP investor routing.

Key Takeaways

  • Communication is king. A title company that volunteers status updates keeps your deal on track.

  • Fee visibility matters. Always separate seller/buyer closing statements.

  • Insure at the full resale price. It costs pennies more and protects dollars.

  • Investor-first attitude. Legacy Title handles sub-to, 1031s, double closings, and more.

  • Relationship over transaction. Ongoing support turns title reps into team members.

Next Steps

  1. Bookmark this guide for your deal-flow SOP.

  2. Share it with partners who need a reliable Metro Detroit title company.

  3. Watch the interview for the full conversation and extra gold nuggets:<br>
    <a href="https://youtu.be/n0GPIP8Rd4Q" target="_blank" rel="noopener nofollow">https://youtu.be/n0GPIP8Rd4Q</a>

Published by Randy Stedwell | Real Estate Talk — helping Metro Detroit investors close more deals with less hassle.