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Updated over 13 years ago on . Most recent reply

Account Closed
  • Real Estate Investor
  • Winchester, VA
4
Votes |
18
Posts

Going to Close on first Wholesale deal! *nervous*

Account Closed
  • Real Estate Investor
  • Winchester, VA
Posted

scheduled to close on first wholesale deal at the end of the week.
ive got my original contract ratified and am getting the assignment contract signed off by the buyer today.
my question is- other than getting the Amendment to the original contract stating that there will now be a new buyer going to close and having the Assignment Contract signed off by me and the end buyer...IS THERE ANYTHING IM MISSING HERE?? does the Title company record on the HUD that there is an assignment fee or does the buyer give the total fee (less the original deposit) directly to me before he gets to the closing table??
the seller picked the title company because they had done the work already for a previous transaction and it would have saved on the closing fees. otherwise i would have used my title company.

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