Or As Assigned

[Pixel Rogue]

Hello everyone,

In a contract to purchase a property which has a name appended as 'or as assigned' which we use to set up LLCs.
We may have also just found a much more appropriate property to purchase. 

In theory, and looking for input here, I am thinking there are ways to resell the property under contract prior to official (original) closing where neither the seller nor the buyer lose out; we even think the property could sell at a higher price. Has anyone done this? What methods were used? We wouldn't see it going to MLS per-say because the same property is listed already as under-contract. We wouldn't want to lose a hefty deposit, nor the sellers worry about finding another buyer.