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Short Sales A-Z™ Online Class Chapter 24

Chapter 24
Exit Strategies – Double Escrow

 

A double escrow is the purchase and re-sale of a property the same day without using any cash. The property is bough with the end buyer’s funds. This chapter shows the exact details of how to close double escrows.

Objective:

  • Learn to earn a profit from simultaneously buying and selling a property.
  • Be able execute this transaction “zero” down
  • Lubricate the transaction by collaborating with agents.

Outline:

  • Transaction description
    • Transaction keys
    • Double escrow advantages
    • Double escrow disadvantages
  • Acquisition escrow
    • Disclosures
    • Ensuring closing
  • Remarketing property
    • Selecting an end buyer
  • Reselling property
    • Resale purchase & sale agreement
    • Reselling disclosures
  • Resale escrow
    • Keeping all resale profits
  • Ensuring Closing
  • Transaction Flow chart
  • Sample document analysis

Time:

  • 19:09 minutes

Short Sales Class Chapter 24-1

Short Sales Class Chapter 24-2

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Learn about each chapter of the
Short Sale A-Z™ video course.

Chapter 1 Chapter 2 Chapter 3 Chapter 4
Chapter 5 Chapter 6 Chapter 7 Chapter 8
Chapter 9 Chapter 10 Chapter 11 Chapter 12
Chapter 13 Chapter 14 Chapter 15 Chapter 16
Chapter 17 Chapter 18 Chapter 19 Chapter 20
Chapter 21 Chapter 22 Chapter 23 Chapter 24
Chapter 25 Chapter 26    

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