Might have a deal, need some guidance

[Patrick Saco]

I got a homeowner who wants to help her mother get rid of her home and an investor who is interested in the property.

I plan to inspect the property tomorrow, take notes & photos and forward the info to the investor.

So if the investor wants it, I understand I have them fill out the purchase agreement along with the seller.

From what I've researched, my next steps are:

-Check the title on the property?
-Once that is cleared, I do a double or simultaneous closing?

Am I missing anything? Is that the correct order?

[Jon Holdman]

Because its a private seller it would be simpler for you to write a purchase agreement between you and the seller. Be sure it allows assignments. Then do an assignment agreement with your end buyer. Assign the contract to the end buyer. Collect a fee from the end buyer when you make the assignment (preferable) or as an assignment at closing.