Options

I have an Option contract with a seller to buy her property at a certain price. I now have a buyer who wants to buy it at a higher price. I will not be getting a new loan. I will be assigning my contract to the new buyer and collect the differnece.



Does anyone know whose name goes on the Real Estate Sales and Purchase agreement when I am selling it to a new buyer? Do I put my name as seller or the original sellers name?

Comments(2)

  • linlin17th October, 2006

    Your name and the words "and assigns" so you can assign the contract to the other buyer

  • tuguyton17th October, 2006

    Thanks for the reply

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