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Short Sales A-Z™ Online Class Chapter 23

Chapter 23
Exit Strategies – Assignment of Contract

 

In an assignment of contract the original buyer transfers the right to purchase the property to another buyer for a profit. This chapter covers the details of this type of transaction.

Objective:

  • Learn how to close a transaction by assigning a purchase and sell agreement to an end buyer.
  • Be able to get the lender to authorize an assignment of contract.
  • Know how to ensure the end buyer pays for the assignment.
  • Be able to complete this transaction “zero” down.

Outline:

  • Transaction description
    • Advantages
    • Disadvantages
  • Ensuring closing
    • Selecting An Assignee
    • Not Losing Assignments
  • Transaction flow chart
  • Sample document analysis

Time:

  • 08:40 minutes

Short Sales Class Chapter 23-1

Short Sales Class Chapter 23-2

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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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