In my local REIs, i see wholesale deals advertised. Some have a purchase price that includes the assignment fee, others state the assignment fee independently. Is there a difference? Does the latter mean that is will be a double close? Does the first exampe mean that they have a contract, plan to close, then re-sell to you? Thanks in advance for your input.
Im pretty fresh.
But when I wholesale proeprties Sometimes I put the fee seperate or included.
I know some people that do both…
Hello Newby,
Assignments by definition mean you are buying a contract that YOU have to close on. Whether the fee is advertised seperate or not is not the focus. It is the cost of the whole package.
Assignments and Double closes are two seperate ways of purchasing properties with no money down. Check info pages to the left of this screen for indepth coverage !
Pictures at 11 ! Darin
Thanks GOD WNZ