While I was lending I had various statements that I had to make, such as a three day right of recession including giving disclosures, or explaining they would need to pay the first years' premium on a hazard insurance policy.

A problem you may experience is that you are setting yourself up for a potential law suit - did you take unfair advantage of these folks - were you honest in your disclosures - did you make too much money - will you have to go to court to explain to the judge what you did and why?

In Missouri the disclosures that a realtor has you fill out askes if there has been an addition that has not been permitted.

It can simply say: ASSIGNMENT, For and In Consideration of four percent of the Option Price hereinabove mentioned, the receipt of which is hereby acknowledged being paid in hand by the signatures below, the Optionee and Holder of this Option Agreement hereby grants, bargins, sells and sets over unto _____soandso, all of Optionee's rights, title and interests, at law or in equity, in and to this Option Agreemeent as of the day and year written below.ENDORSEMENT: ___________(and the Optionee signs) Date___You may have the buyer then sign as an acknowledgment.I would not file for record the actual Option Agreement, but a Notice of Option that would not contain the option amount to buy or any other considerations paid, but it would include the term of the option.Now, I'm sure that many investors have all sorts of assignment contracts for the sale of the option and disclosures but a simple endorsement with the assignment stated is all that is necessary to assign an instrument, much like endorsing a check over to another payee.

Make sure you use proper Disclosures, make sure you have plenty of reserves, and make sure you use an attorney. 

Hi @Danny Leyva,Full disclosure first as requested....yes I do own a direct mail company and have made a lot of money for many on this site without needlessly or shamelessly promoting myself (you're welcome to check my references, previous posts etc.)

Hey Harrison,Full disclosure, I work for ForefrontCRM so I'm 100% bias to our system, haha.

Also, what disclosures would be required to be made to the client?

Legally he would have been able to transfer the title to us, but it requires a special type of title insurance, which can only be provided through an insurance company called "US National" (if you are a real estate agent, you will see many listings that have a disclosure about needing to close with one of the title companiess listed on the US National's website.

FOUR MONTHS ago.I’m sure there are a bunch of laws about disclosures but homeowners are still getting SCREWED over on every deal I see.