What Are Your Sugesstions......
Here is a scenerio, have a builder willing to sell last of inventory at 73% LTV, have buyers willing to purchase at retail. How would you structure this deal, simo close, assignment, marketing contract, what do you think ?
[ Edited by fredman226 on Date 06/11/2007 ]
an assignment seems straight forward.
Nice find.[ Edited by cjmazur on Date 06/11/2007 ]
assignments are not usually financed by a new mortgage, meaning if you do an assignment for 5k on this deal, the mortgage company will require the buyer to bring this to closing or pay it outside of closing. by still, thats one good suggestion.[ Edited by fredman226 on Date 06/11/2007 ]
Lots of realtors wholesale, as long as you disclose you should be fine
[addsig]