Quick ?

Im looking at a house in Dallas and the owner says that there is an assignment fee of 3000 dollars. What is an assignment fee? Is that what he requires to get into the house? Thanks and have a great weekend

Comments(3)

  • DaveREI11th October, 2003

    He is assigning you a contract he has signed with the owner of the home (flipping) for 3,000..... I believe thats what going on...

  • scooter31811th October, 2003

    He owns the house out right, so is he giving me the chance take the contract for 3000

  • RepoMan11th October, 2003

    scooter,
    If he owns the property out right, why would he be selling you an assignment? I think we are missing something here. Can yoy give us a bit more info?

    Repoman

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