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Updated over 7 years ago on . Most recent reply

User Stats

46
Posts
1
Votes
Mike O.
  • Flipper
  • Mitchell, SD
1
Votes |
46
Posts

double close/simultaneous close A-C run into one another

Mike O.
  • Flipper
  • Mitchell, SD
Posted
has anyone been in the double closing/simulateous close related to a whole sale in which the seller from the A-B transaction runs into the buyer of the B-C (A-C)transaction or how to avoid those two running into each other at close or should a wholesaler just be upfront and tell both of them what is going on? i will be going to a closing and due to a last minute scheduling change both transactions will take place at same time... what if Party A runs into party C and they are able to figure the spread on the wholesale?

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