All Forum Posts by: Cesar Espino

Job optional 2017

Hi John Hixon yes I have EMD set up. Thanks for the assistance.

Hello, Appreciate the feedback! The real estate purchase agreement does mentioned that the agreement is assignable, ".... / and or assigns". The buyer is all cash buyer, and/or closing the transaction with hard money lending but no financing. Will take assignment of contract and will submit with the escrow company as well as I will put the buyer in contact with the escrow company.

Hello BP, I have a two quick questions. I have a house under contract in Los Angeles California. I also already have a cash buyer and have presented the cash buyer with an assignment of contract. My question, do I need to get the seller to also signed my assignment of contract ( meaning it will have three signatures, the seller, myself as the assignor, and the buyer as the assignee) or does my assignment of contract is enough with just me (assignor) and cash buyer (assignee) as I already have the RE purchase agreement signed between the seller and I (the assignor). Second question, what is the process once both contracts are signed? Is it just enough for me to provide the escrow company with the additional contract (assignment of contract) and they will know what to do from that point on? I appreciate the help and assistance.

If you have the property under contract and your are trying to assign the contract to another investor, then you are the assignor. Whomever is buying the contract is the assignee. Hope this helps

Hi Cynthia, not yet but sure looking to expand to that area in 2017. Will keep you in my contact list for any future deals.

Probate sale, offer accepted and pending final court confirmation. This is a great INVESTOR'S PROPERTY. 2 story home just walking distance to Garvanza Park. Good City view, Elementary school and Junior High are within walking distance. Assessor's data shows as a 5 bedroom/1 bathroom. Visual inspection shows 2 bedrooms and 1 bathroom on top floor, and one bed and a restroom on the first floor. Home being sold AS IS. Buyer to do their own due diligence as to approved permits on file. Fabulous Opportunity, endless possibilities with a good size lot. Please Do not contact Listing Agent.

GREAT FIXER UPPER PROPERTY. Lincoln Heights Corner Lot Property, Great location and view to Down Town Los Angeles. Opportunity to build a second home (zoning approved), Close to Cathedral High School, Dodgers Stadium, DownTown LA, USC Health Science Campus, ChinaTown, and Monterey Park. Fabulous Opportunity, endless possibilities with a good size lot.

Property Zone: ARD3

Cash or Hard Money

ARV - $527K

Estimated Rehab - $40K (excluding fee's, carrying cost, etc.)

Purchase Price - $360K

Calling on cash buyers must see property, good investor property, call for details. Open to JV on this deal.