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Updated about 9 years ago on . Most recent reply

User Stats

43
Posts
8
Votes
Corey Brown
  • Jersey City, NJ
8
Votes |
43
Posts

(Double Assignment) Assignment Of Assignment Of Contract ?

Corey Brown
  • Jersey City, NJ
Posted

Has anyone dealt with this before?

So I was interested in the 3 family rental property. I told the wholesaler lets do the deal, send me the contract. Come to find out, it was a Double Assignment transaction. Lets just say it was a mess... never closed on it.... Craziness...

I friend of mine, told me about a (Triple Assignment). He ending up getting out the deal also.

Anyone?

Most Popular Reply

User Stats

108
Posts
46
Votes
Blair Knowles
  • Real Estate Agent
  • Burlington, VT
46
Votes |
108
Posts
Blair Knowles
  • Real Estate Agent
  • Burlington, VT
Replied

@Corey Brown. Haha! No. Never, but I didn't want to leave you hanging here with 0 comments bud. 

Sounds like you probably learned a lot though. Heck go for the hard ones right? Worst case scenario is they don't come together. 

I'm interested to see what others say. 

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