I caught your last sentence, "However we can be really rich if we are happy with what we have."  

The sentence about not to invest with the hopes it will go up in value is gold.Hope you have a great day

Thanks for yelling at us YSP.DID YOU KNOW THAT ANYONE WHO TYPES IN ALL CAPS AND DOESNT USE PUNCTUATION AND USES RUN-ON SENTENCES CAN ACCURATELY PREDICT A REAL ESTATE MARKET ITS A PROVEN FACT.Grandwally, I completely agree.

Once sentence makes the difference.

I read tons of forum threads and online articles and you just gave me clarity within three sentences.

Originally posted by @Wayne Brooks:You run afoul of FL icensing laws when you are marketing a property you don't own.A double close doesn't help since you obviously have to market the property before the day of the double closing.Having "equitable interest" is a guru phrase which does not apply to FL law and nothing the owner signs can waive the statutes.my state regulator mentioned something about fraudulent loan  on the double close.. was not sure where she was going with it.. but regulator and fraud in the same sentence and I will never do another one of these same day deals for anyone.. :) 

@Michael Plante I am not sure what that first sentence of your last reply means, there may have been a typo. 

Have a great day :-)  (If I am wrong, and you get sued and go to jail for the rest of your life, by reading this last sentence, you release me of all liability!)  

Assigning a contract simply takes a few sentences to accomplish.

If the title to all or any part of the Property is unmarketable, or is subject to liens, encumbrances, easements, conditions, restrictions or encroachments other than those excepted in the preceding sentence, Seller will be responsible for remedying or removing the title defect or at its election may choose not to cure the title defect in which case the Buyer may waive the title defect and proceed to Closing or may terminate this Agreement in which case any Earnest Money deposit and/or any other funds held in escrow by the Closing Agent shall be refunded to the Buyer.4.