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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

24 Exit Strategies 4 1Doubl Short Sales A Z™ Online Class Chapter 24

24 Exit Strategies 4 2Doubl Short Sales A Z™ Online Class Chapter 24

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