Buying & Selling Real Estate
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 8 years ago,
Original buyer wants to change the buyer
We are supposed to close next week on one of my investment homes. The original buyer just sent an amendment through their agent stating the following:
"Sellers agree that the new buyers will be John Doe and Jane Doe"
This is a cash offer and my agent tells me nothing wrong with it and that I should sign it. I see something fishy here and don't feel comfortable. How can any of this be enforced if the parties change altogether?
The story that I am being told that the original buyer is buying the house for a family member. But my question is can't they transfer the deed after the closing?
Please advise!