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All Forum Posts by: Izaiah Lopez

Izaiah Lopez has started 2 posts and replied 2 times.

Post: Getting A house under contract THEN closing?

Izaiah LopezPosted
  • Yakima, WA
  • Posts 2
  • Votes 0

So I haven't done anything in wholesaling yet, and here's the reason... There's really 2 questions here. 

When I listen to courses and videos or read articles, they all say "sign the house ASAP then go into closing" and quit frankly it confuses me. 

SO THE QUESTION: When the owners of a house accept your offer and you sign the house under your name to flip it, even tho you signed, are you able to get out of the contract before closing? 

because the house is in your name and your rights to do what you want when you sign for the price agreed, but closing hasn't happened yet, or is closing just the payment... but if that's the case then how do you close without the buyer being there at the same time if he has the money...  I DON'T UNDERSTAND! IF someone could explain I would greatly appreciate it! 

QUESTION #2: Everyone I listen to or talk to say "sign the closing contract then bring in the buyer like an hour later for the assignment agreement"

Because if you sign the closing contract with the seller and the buyer backs out last second, you already signed the closing contract aren't you stuck with the house at that point?  

Thank you for your time! 

So I am trying to wholesale houses and I like the idea of probate leads, but when I called the county court sent me to the supreme court, and they told me to go in and look on their computer for the records, is this the best way to find the probate leads with real estate attached or is there an easier way to find the records..?

I of course need to find the records with real estate attached, the deceased information, the executors information, and the attorneys information. I just need to know if doing what the supreme court said to do will find this information, not to mention its 50 cents per page I print.