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Updated over 5 years ago on .

User Stats

44
Posts
8
Votes
Brian Midden
  • Flipper/Rehabber
  • Kansas City, MO
8
Votes |
44
Posts

Filling out assignment contract

Brian Midden
  • Flipper/Rehabber
  • Kansas City, MO
Posted

When you all fill out an assignment contract how do you input your assignment fee? Do you input your fee on the contract or do you put your fee with the purchase price on the assignment?

For example: If you purchased the property for 50k and assigned it for 5k. Would you put 5k or 55k on your assignment contract as a fee.

I have always put what my assignment fee is (5k). But i have had a couple buyers in the past request the assignment to have the total of the purchase price and assignment fee (55k)

What do you all do?