Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

44
Posts
0
Votes
Jenice Edmonds-McDaniel
  • columbus, OH
0
Votes |
44
Posts

URGENT question...my mind just drew a total blank!

Jenice Edmonds-McDaniel
  • columbus, OH
Posted

:help: I am filling out a contract...and assignment contract, for a property, I'm down to the part where it says
hereby assigns all rights to said contract to:
person's name
("Assignee")
in exchange for compensation in the amount of __$___________________________________.

the exchange part is where I'm drawing a blank...do I put the purchase price of the property, or would I put what I'm making off of the property here. Example, say the property is being sold for $80,000 I'm selling it for $90,000 do I put the $10,000 or the $90,000 here! I'm thinking it should be the selling price of the property...but I may be wrong, my mind is lost! :goofy: Please help!