Hey guys. Can someone tell me if I can do a simultaneous closing with a realtor? I believe this is something I can do. I have found a title company that can handle creative transactions and the owner said he can give me preliminary searches for free. Great!!! I have 2 properties that I would like to submitt offers on that I went and looked at today. They are perfect candidates. But I will have to do a simultanoeus closing to make the deals happen, when the offers are accepted. Both props will be assigned. This is the only way I can secure my pay from the deals.Do I still need to have an assignment contract? Don't think so because the first close will be at the offered price and the 2nd at my price. Correct? Any help or ideas I would gladly appreciate. Thanks folks...
Hey guys. Can someone tell me if I can do a simultaneous closing with a realtor? I believe this is something I can do. I have found a title company that can handle creative transactions and the owner said he can give me preliminary searches for free. Great!!! I have 2 properties that I would like to submitt offers on that I went and looked at today. They are perfect candidates. But I will have to do a simultanoeus closing to make the deals happen, when the offers are accepted. Both props will be assigned. This is the only way I can secure my pay from the deals.Do I still need to have an assignment contract? Don't think so because the first close will be at the offered price and the 2nd at my price. Correct? Any help or ideas I would gladly appreciate. Thanks folks...
I got my mind made up.....
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