All Forum Posts by: Mir Mubashir Mahmood

Hey guys, I had a few questions I wanted to ask and the first one is if anyone has had problems in IL using double closing/back-to-back closing/simultaneous closing (whatever you want to call it) where there are two separate transactions are taking place A-B then B-C ? 

The second question is apart from the extra closing costs, what other disadvantages does it have? I've heard you might have a problem with taxes? could someone explain that to me please?

The third question is how do I market the contract? I obviously can't market the property so would calling/posting that I have a property under contract for sale or assignment of contract for sale (with the property features like beds,baths,etc) work? If that's not it either could you tell me what works?

Thank you for taking the time to read and reply.