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Updated over 18 years ago on .

User Stats

42
Posts
2
Votes
Mark Gingrass
2
Votes |
42
Posts

Or Buyer's Nominee

Mark Gingrass
Posted

If I have a contrat that says

"Seller, Joe Shmo, hereby agrees to sell to Buyer, John Doe, or Buyer's nominee, the property set forth....."

(let's say the purchase price for me is 50,000)

Then I find someoen that wants this house and is willing to pay me 53,000 for it. What kind of a contract do I need to make with that person?

In other words, how do i make this person my "nominee," and still come out with my 3K?

Thanks for any advice on this.