My Buyer failed at the closing table.
I've reviewed dozens of forum posts and articles; however, I haven't been able to find the information I'm looking for! All help is greatly appreciated! This situation has a few questions associated with it but I'll make it as simple as possible. SEE BELOW.
I plan on wholesaling a property to an End Buyer and closing soon. I want to be prepared in case they fail at the closing table to quickly turnaround and have another Buyer at the closing table (better safe than sorry).
A) What due diligence can I do beforehand to vet my Buyers more thoroughly before assigning the deal to them?
B) What are some best practices for quickly placing a new Buyer at the closing table after one has already failed?