Getting paid fee as a lien holder?

Question

I currently have a home under option contract for 2 months. I have it under option for 212K and marketing it for sale at 220K. I know it's not a big deal, but I'm just looking to get my first deal done. 
            
My question is: Once I have found an end buyer, what should I do? Do I send the buyer directly to the seller with the 220K price and write up a lien invoice and get paid as a lien holder? Or do I go about it another way? 
            
            Thanks in advance.

Juan Michael · Answer

Jon,

This sorta makes sense, however, how would that work if say the buyer is being financed? would the end buyer in this case cut him a separate check for the 8K and the exercise  the option to buy it at the 212K ?  how would that then affect any down payment that the bank may require?  :lol:    just trying to get a feel here........  I've been scouring this forum looking for some CLEAR understanding of whole selling and liked this example

Alex Locklear · Answer

Thanks Jon.

Is there anyway to go about it so the buyer doesn't know that I'm actually making a profit? Can I not have the seller "buy me out" Of my option?

Jon Holdman · Answer

You could either sell your option to the buyer for $8K, or you could exercise the option and then resell the property.  This is so thin that I don't think you can afford two sets of closing costs (in particular, title insurance).  So, sell the option to the end buyer.