what's do you prefer to use when flipping: a purchase and sale agreement with contingencies or using a straight option? do you double close or assign the contract?
prefer assignment of contract because you do not have to worry about title agency messing it up. I called two agencies, and they both said they knew all about simult. closing. After a few questions, I figured out that they had no idea.... they were going to issue two title insurance plus buyer bringing certified funds. That is not double closing if buyer has to bring money to the table.
prefer assignment of contract because you do not have to worry about title agency messing it up. I called two agencies, and they both said they knew all about simult. closing. After a few questions, I figured out that they had no idea.... they were going to issue two title insurance plus buyer bringing certified funds. That is not double closing if buyer has to bring money to the table.