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Updated over 3 years ago on . Most recent reply
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Newbie Question regarding assignment contracts
Look I know this is a very newbie question, but I am looking for the answer on how to get a property under assignment. I understand about finding a good deal & having the seller wanting to sell it. But how do I actually get the property into an assignment contract? What do I need to do and what does the seller need to do? Thanks a lot for any insight.
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I wouldn't phrase it "get a property under assignment". A property is under contract, then you can assign that contract. Once you both agree on a price, you both sign a purchase contract. Make sure the contract has language which would allow you to assign it.