Skip to content
Wholesaling

User Stats

23
Posts
2
Votes
Randall Gillette
  • Bloomington, IN
2
Votes |
23
Posts

closing a deal-making sure I have the steps right

Randall Gillette
  • Bloomington, IN
Posted Jan 3 2013, 15:43

Question, any help from anyone in this post is appreciated. I am close to closing a deal. I just want to make sure I am doing things in the correct order. As the wholesaler my name goes on the purchase agreement. I then have my buyer sign the assignment contract. (I will let my buyer see the purchase agreement and provide full disclosure etc) Once agreements are sign and obligations are met my buyer will deposit the money with the closing agent and fees will be distributed by closing agent to the appropriate parties. Cost of property to seller, closing fees to title company etc. And my assignment fee. Anything I am missing here? Quick feedback would be most appreciated. Thanks