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Updated about 7 years ago on . Most recent reply
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I know how a Double Close works, but what about the Contract?
Hello BP Friends,
I 100% understand the purchase agreement / assignment process and the contracts Involved for doing a low
dollar assignment amount normally.
My question is:
For high dollar amount assignments where we want to double close and I obviously don't want to put the assignment
fee on the contract. What is the process / documentation / contract that I would need. Would I Just use the same
purchase agreement that I used with the seller, except change the dollar amount? Are there other documents required?
I searched the forum, but couldn't find a solid answer. I am already aware of how the double close works. But the devil is in
the details. Thank you for feedback :)
~Chris