I hardly ever do assignments, but I know a lot of wholesalers that do and they all follow this procedure.

We follow almost exactly the same procedures for our properties.

You're right that would be one way to do it, but thats not why I started this topic.Can you or others help me out and fill in the procedural/strategical blanks where there is something missing?

Once the realtor has worked with you or you have a good track record, they will come upon these deals and want to close quickly and this can expedite the procedure.

Here Are The List Of Steps And Documents That I Use:Check List Buying Real Estate With Lease Options.1.Optioned Property Information Worksheet, 2.Optionor/Seller's Property Disclosure Statement, 3.Standard Real Estate Lease Agreement, 4.Option To Purchase Real Estate Agreement, 5.Real Estate Optionor/Seller’s Affidavit, 6.Notice Of Real Estate Option Agreement, .Checklist Selling Real Estate With Lease OptionUse When You Are Optioning To Sell And You Are The Seller1.Have Each Applicant Complete “Application For Lease/Option†To Be Submitted With Reservation Check And Photo Copies Of Identification, Social Security Card, Pay Check Stub And Last Years W-2 Form. 2.Complete “Application Receipt Agreementâ€, 3.Confirm Information On Application And Pull Credit Report. 4.Verify Funds In Account And Deposit Reservation Money Check. 5.Prepare And Execute “Standard Real Estate Rental Agreement†6.“Move-In/Move-Out Inspection Report†7.Prepare And Execute “Real Estate Option Agreement†8.Mark Your Calendar For A Date Before Which The Option Must Be Exercised And Write A Letter Or Call To Remind Optionee/Buyer Of The Timing In Order To Insure That The Date Does Not Pass Unnoticed. 9.Upon The Receipt Of Buyer's “Notice Of Intent To Exercise Real Estate Option†Within The Time And In The Manner Allowed Under The “Real Estate Option Agreementâ€, Then; Prepare And Execute Standard Real Estate Purchase And Sale Agreementâ€10.Follow Standard Procedures For Closing The Sale. 11.If Extending Option Term, Prepare And Execute “Extension Of Option To Purchase Real Estate Agreementâ€Now those are some of the documents and steps that I would use.

The lender no doubt has a procedure for doing this.

Rest assure though that the mortgage holder will go through the usual procedure first, court, auction, etc.

So, that being said, how exactly does the offer procedure go about?

Massachusetts probably has customary procedures but I will need to get an answer one way or the other on which fees are transferrable to the end buyer through negotiations.To get the documents to a Title Company I believe that I need to have already established an equitable interest into the property and that would require me to have a signed contract, would it not?

Many people don't realize--with the right subpoena(s)--that one can even track various medical procedures, insurance claims, etc.