Seller Accepts Offer...next step.

[Danni O.]

Hi,
This is my first wholesale deal; I jumped right into to it. The seller agreed to my terms and signed my purchase agreement. I have 30 days to sell via assignment or double close. All the comps estimate spread of at least $65,000, after 70% of AVR , my assignment fee and repair costs.

The property is in a Great neighborhood In Chicago IL .

I have a data base of over 300 local investors that I intent market the property too.

Now what should be my immediate next step: Open escrow/seek a title company and deposit the signed purchase agreement? File a Memorandum of Agreement at the County Office ? Or just send out send out my flash message to my prospective buyers, and open Title Insurance after I get a buyer in place.

Any suggestions would be appreciated.

Danni.