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Updated almost 10 years ago,
Escrow office in Long Beach, CA or Orange County
Hello Dear community members!
I am located in the Long Beach area and I have run into a wall at this point. I hear speakers saying that it's not legal in California to assign a real estate purchase agreement (Purchase agreement with a private seller) however I also hear that it is legal. The intent is to collect an assignment fee from my end buyer (Rehab Investor). I am having a lot of success with my marketing and have 2 private homeowners willing to sign our contract at a stellar purchase price. It is unfortunate that they are extremely motivated but they fully want out. Could someone please share some Escrow companies that you have worked with that are familiar with assignment of contracts in the area of Long Beach and Orange County. If they are also familiar with "double" closing using transactional funding it will be a plus. Thank you so much in advance and if I can be any of your assistance please don't hesitate to reach out.
Thanks
Lindsey