Just got off the phone with the new attorney. Now according to him the double closing is not as easy as I thought and he suggested Simply doing an assignment of contract.
Now this means that I have to make sure that the seller and the sellers attorney are cool with it. He says that not all of them will go for it.
BTW an assignment is where instead of buying the property, I get a contract that says I have the "option" to buy the property and then I turn around and sell this option contract to another buyer. I also need to make sure that I have the earnest money to put down.
Lets see how well this works out.
No comments:
Post a Comment