Assign A Short Sale?
I have seen a couple things about this, but wanted to clarify it. When the banks accepts your short sale offer and you already have a buyer for the property, what is the best way to close everything?
What is the best way to sell the property to the buyer (or assign?), make your money and close your deal?
Thanks,
Christian "The Solutions Kid" Beebe
_________________
It took me 27 years to realize that every time I was picked on, called names, tormented, and lauged at, it was all because I was one-of-kind and unique. Through all my torment, I never noticed that no one ever picked on the "normal" kids...no one.[ Edited by SolutionsKid on Date 11/20/2003 ]
Just to get your self out of any legal situations, you may want to have the b uyer actually sign the dotted line, and have you paid a finders fee. Say you were makiing 20k, have a finders fee of 10-15k, and say thank you very much, because you had no legal obligation.
What potential legal situations are you talking about? Exposed liability somehow?? Please respond...very interested.
find a title company that will do a "double closing." even if you don't end up closing in that manner, title company that understands that will understand all the less complex ways of closing the deal. they will ordinarily be happy to explain the different options to you.