I am selling property and purchasing property concurrently in Los Angeles. From the beginning, I have told my realtor that I must have a concurrent close. When it came time to set up escrow, each property was set up with separate escrow companies and separate title companies. I was told that you must use the same title company for a concurrent close since I am using funds from the sale of the property as a down payment for the purchase.
I am now asking if we can switch title companies (not escrow companies) during escrow to ensure a concurrent close and asking for fees associated with doing do.
The escrow companies are saying yes and my realtor is saying no, just stay in a hotel for a few days until the property you are purchasing closes.
What is the correct answer?

