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Updated over 17 years ago, 03/28/2007

User Stats

8
Posts
0
Votes
Edgar Ambart
  • Real Estate Investor
  • san antonio, TX
0
Votes |
8
Posts

Assignment ? Simultaneous Transfer? PLEASE HELP

Edgar Ambart
  • Real Estate Investor
  • san antonio, TX
Posted

Hello everyone, please somebody with a legal expertise or a guaranteed answer,

:violin:

I would like to get some info about assignments and whether they are legal. For example: I'd like to buy a home that's appraised at 800,000 for a discounted price of 710,000 and simultaneously assign it or (sell it) to a ready buyer at 800,000 realizing that 90,000 gain without even getting a loan myself. Is that possible?

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