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Recent Forum Activity

  • assigning contract without "and/or assigns"
    Replied August 18, 2016
    @Keith GoodwineI am not aware of any law that made double closings illegal, per se.  Reality is that most, if not all by now, national title underwriters will no longer allow it... See more
    Reply 15 replies
  • assigning contract without "and/or assigns"
    Replied August 18, 2016
    Hello @Larry N.Yes, the Seller can dictate their terms and can refuse to close when they realize the deal is being assigned; BUT Subject To whatever the contract says.  If they ... See more
    Reply 15 replies
  • assigning contract without "and/or assigns"
    Replied August 17, 2016
    @Wade StahleIf you assign the buyer knows what you are making because you are assigning your rights under your purchase contract to them.  Thus, you are showing them the actual ... See more
    Reply 15 replies

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Authored Blog Posts

Member Blog Colorado Short Sale Flips - Holding Period Required

The rules have changed for real estate investors wishing to flip short sales in Colorado. There is now a material difference for those flipping short sale properties regarding disclosure requir...

Member Blog Transactional Funding and Short Sale Hold Requirements

FNMA and Freddie Mac have opted to impose a holding period requirement for short sale purchases, which further inhibits investors from purchasing for quick resale.  The holding period is broken dow...

Member Blog Transactional Funding For 30-90 Days

The world for short sale and some REO investors has been changing, with banks more frequently requiring holding periods before the property can be resold.  Most of the bank holding period requireme...