Help on REO Purchase contract

Bird Dogs, Wholesaling
1

Help on REO Purchase contract, i was planning on simo or add the buyer close or double , for cash, i know who the buyer is can i add him now ,they fax me the bank addendums to put under contract

Seller Says

"
Also, the addendums state:
20. THIS ADDENDUM AND THE SALE AND PURCHASE AGREEMENT ARE NOT ASSIGNABLE BY
THE BUYER.

If the buyer is flipping the property, they need to let this escrow close.
The name on the contract needs to be decided now and is required for opening
escrow (hence, why it is on all of the paperwork). Please advise

i i may have goofed on the 1st contract and signed too many places so now the listing agent knows i am flipping, there 2 agents involved the listing and the regular,my regular agent nows but should not have told the listing agent , i usually try to go direct as this 2nd agent seems to always get in the way will this be a issue

this was supposed to be on my original paperwork …

that may be an issue u only put my name, is this ok ?
now they panic….

Can you please Submit all my offers as follows
My Name, VESTING TBD IN ESCROW

Help!

2

Just have a double closing. You may need funds for the day to close on the property because you’ll have to close in your name before you flip it to the next guy. Check out http://www.realestatedayfunding.com/

3

In a case where you use a company like this to do a double closing, there are going to be double the closing costs, correct? In this case, the funding source pays for the the entire first closing and the buyer pays for the second. My question is, how do you determine what the closing clost will be in order to have your buyer sign your contract for an amount that covers the 1st closing’s costs and you assignment fee.