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Updated about 10 years ago on . Most recent reply

User Stats

41
Posts
1
Votes
Forest Williams
  • Property Manager
  • Suwanee, Ga
1
Votes |
41
Posts

Which comes First??

Forest Williams
  • Property Manager
  • Suwanee, Ga
Posted

Which come first, signed purchase and sales agreement or Assignment of contract?

I always get those confused...

Most Popular Reply

User Stats

227
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158
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Steven Stokes
  • Specialist
  • San Francisco, CA
158
Votes |
227
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Steven Stokes
  • Specialist
  • San Francisco, CA
Replied

1. Locate the property

2. Put the property under contract either subject to, lease option, discount for wholesale, etc. 

3. Assign to third party (don't forget to collect your fee!)

I hope this helps. 

Additional: It does help having a list of buyers and renters available who can move quickly.

If you need help building that list let me know, I'll be happy to help. 

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