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Updated over 11 years ago on . Most recent reply

Siddharth M.'s profile image
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Siddharth M.
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  • from Charlotte, North Carolina
  • Member since Nov 11, 2012
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Siddharth M.'s profile image
Siddharth M.'s profile image
Siddharth M.
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  • from Charlotte, North Carolina
  • Member since Nov 11, 2012
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Siddharth M.
  • Investor
  • Charlotte, NC
0
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Wholesaling

Realtor contract assignment

Siddharth M.
  • Investor
  • Charlotte, NC
Posted

Do realtors allow contract assignment if the property is not an REO or a Short sale?

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Mary B.'s profile image
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Mary B.
  • Real Estate Investor
  • from Lansdowne, PA
  • Member since Jun 14, 2013
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Mary B.'s profile image
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Mary B.
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  • from Lansdowne, PA
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Mary B.
  • Real Estate Investor
  • Lansdowne, PA
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Mary B.
  • Real Estate Investor
  • Lansdowne, PA
Replied

Its not up to the realtor. If the state laws allow(or not) assignment of contracts that will be the decision maker. Make sure you inform the realtor that you are a real estate investor wholesaling the property and that you intend to either assign or double close prior to signing off on the contract.

Kudos,

Mary

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