Foreclosures
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago on . Most recent reply
Help me breakdown Substitute Purchase of a foreclosed property
Can you please help me breakdown Substitute Purchase of a foreclosed property in layman's terms? Thank you.
- Substitute Puchasers Agreement Sale
- Purchaser shall be substituted as purchaser under prior contract
- Buyer shall be responsible for terms of the original purchase contract, along with assignment fee and buyer’s premium fee. See purchaser’s agreement contract of sale, along with original purchase agreement in the documents section.