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Chris Holdren
  • Portland, OR
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I know how a Double Close works, but what about the Contract?

Chris Holdren
  • Portland, OR
Posted Feb 14 2018, 11:02

Hello BP Friends,

I 100% understand the purchase agreement / assignment process and the contracts Involved for doing a low

dollar assignment amount normally.

My question is:

For high dollar amount assignments where we want to double close and I obviously don't want to put the assignment

fee on the contract. What is the process / documentation / contract that I would need. Would I Just use the same

purchase agreement that I used with the seller, except change the dollar amount? Are there other documents required?

I searched the forum, but couldn't find a solid answer. I am already aware of how the double close works. But the devil is in 

the details. Thank you for feedback :)

~Chris

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