DOUBLE CLOSING?

My agent told me about someone being able to get two mortgages simultaneously. Is that what you call "double closing? How does that work?

Verne

Comments(3)

lafinancial21st May, 2003

A double closing or simultaneous closing is when you buy from suzie home seller for $50 and sell to joan home buyer $100, this takes at the exact smae moment at closing hence"double closing" In reality its a no money no credit way of getting in REO. I specialize in this type of transaction, email for more details. lwilkes@lfinancialgroup.com
lafinancial21st May, 2003

please forgive my spelling folks!!
verne_j22nd May, 2003

Thanks!!

verne