It is also not too uncommon for an applicant to transpose numbers (intentionally or not), so you need to double check that their ID or paycheck stubs matches what they wrote on application.

From late 2002 until 2006, it more than doubled.

Get it under contract, then find you end buyer and do a double close.Now, I think it may be easier if your agent (not the listing agent) is in on the deal and knows what you're up to.

I thought a Assignment might be possible, but a double close, I mean i think the logistics wouldn't work.How do I do this?

Originally posted by "seattlegogetter":So an update for all the questions and concerns.I used my license to List the property instead of assigning it or Double Closing the deal due to a simpler approach with the advantage of being a realtor.I listed the property for 389k and got it under mutual acceptance for 400k.Total commission is 11% Buyer has an agent so My split is 8%.

I laid in bed 6 months, nearly died, while the bubble popped, my mortgage doubled, and I sat on 4 untouched homes.

What I want to know is, after I tie up the property, should I assign it for a 10% assignment fee, or should I do a double closing and try to pull as much money out of it as possible?

It really is double dipping on an exemption meant for people to benefit from buying a home.I would not be surprised if they excluded all gains from the time it was a rental property in the future.

Hypothetical: if someone else offered them double the price for the home, they still can't sell it to anyone else because they already agreed to sell it to me, right?

You may want to double check on that just for safety sake...Good luck!