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Updated over 6 years ago on . Most recent reply

User Stats

136
Posts
29
Votes
Marcus Brown
  • Investor
  • Phoenix, AZ
29
Votes |
136
Posts

How are option contracts closed?

Marcus Brown
  • Investor
  • Phoenix, AZ
Posted

If I understand the concept correctly, an option would give me the ability to purchase a property for a certain price within a certain time. Can I market the property (I'm not an agent) and/or contract for a higher price, and then have a closing attorney do a double close if I find a buyer?

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