flipping a SFR 1 minute after escrow closes? - Posted by Chris

Posted by Chris on January 11, 2004 at 16:49:11:

There is a good deal - SFR signed up months ago (when the market wasn’t wild yet). But now I do want to dump it, even at cost, rather than give up the deposit and damage my reputation (after all, the sellers gave me months to close escrow). ** From Title insurance with binder over septic pumping to a 2 year roof cert, everything is good. But which is the way to do it legally without paying 100% of the purchase price for this all cash deal? Can one do a simultaneous double escrow, unknown to the seller? Whoever gets it, saves at least 10% in a tight market. Suggestions? Thank you!