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Nesgroup address: misc.invest.real-estate - Date & Time for the message: / Author of the message: Belial Black |
Title of the message: |
contract asssignment
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Text of the message: |
Although I've got a couple investment properties under my belt at this point, they've been standard cash deals for properties that I am rehabbing. There is currently quite a bit of money to be made in my market on contract assignments (lots of rehabbers in the area who are happy to have people scouting properties for them) and I've got my first potential assignment deal lined up. Before you ask or assume, yes the seller is aware of my intention to assign. Just a couple simple questions for anyone with experience in this area. 1. My intention is to approach the local rehab and cash buyers with the property. How should I handle access to the property in order to show it to my prospective buyers (just ask the seller for the key(s))? 2. Is the assignment fee usually just received as a separate check from the buyer? 3. Any suggestions on additional verbiage to include in a standard contract? |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.