SEE THE ATTACHED NOTICE OF CANCELLATION FORM FOR AN EXPLANATION OF THIS RIGHT.

Thanks for the explanation, Bill.

TOTAL $___________.00ï‚š Subject to Purchase Price: $ ___________________. 00 ( See paragraph XIX for explanation)Buyer buying property Subject to the existing loans in the amounts not to exceed $_____________. 00.

I came up with 2, but was confused by everyone else's explanation.

Im sure I could find several local title offices around me that would give the same explanation that you got.

There is a webinar I seen a while back that had a pretty good explanation on how to go pitching a subto deal.

forgot something..If checked subject to purchase price: $ ___________________. 00 (See paragraph XIX for explanation)Buyer buying property Subject to the existing loans in the amounts not to exceed $_____________. 00.

I am sure that will get you the explanation that you need.

No title company can tell you that you can not assign a contract so long as that contract allows for it. if it does, it is not up to the title company, so any title company should be fine.I think what Bill was trying to get across is that your explanation of "assigning the contract" may possibly be misunderstood as a simultaneous closing or something other than what you are trying to do.

But to answer my question, I took a picture of it and posted it on the internet. possible explanations:1.