Original buyer wants to change the buyer

[Mike Davidson]

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!

[Rich Baer]

"Seller agrees to the change in the new Buyers. Original Buyer shall remain liable to the terms of the contract should the substituted Buyers default". Have him sign too.