Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
What documents are needed (in TX) for legal assignment as of 2017
*** H E L P M E *** MY FIRST ASSIGNMENT DEAL *** H E L P M E ***
I plan on assigning an owner financing terms deal/contract to a buyer in Texas. I want to know what docs I will need to carry out deal. Let me know if I am missing something.
*CORRECT ME IF IM WRONG*
-Purchase & sale agreement w/ owner finance terms
-Letter of intent to assign
-Applications for potential buyers
-purchase & sale agreement w/ same terms ^ (higher price) for new buyer
- assignment contract signed by both seller and new buyer (including assignment fee)
-general release signed by seller to release me (of all/any obligations)
-receipts of deposits
-CLOSE?
Do I need more or less?