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Assignment fee and assignment contract
Hi,
I just got off the phone with Fidelity title here in Albuquerque, NM. I asked them some advice on how a real estate wholesaler (something she's never heard of in 30 years) sets up an assignment fee on the assignment contract.
The lady at Fidelity said that I can write and or assigns on the P&S but I cannot have a higher price on the Assignment Contract. So how do I get paid? Where is my assignment fee put in? Can somebody lay this out for me as if I was a child? Please
Thanks,
Matt