Posted by DE on July 10, 2004 at 18:42:00:
Sign an option to purchase for 1.2 million. You may have to pay $10 or $100 or so in FL to make the option legal – I don’t know FL law. Assign the option to another for a nice fat fee.
Great Deal (what to do?) - Posted by Kev (FL)
Posted by Kev (FL) on July 09, 2004 at 11:57:27:
I have a great deal here in south florida.
The #'s look like this.
approx, appraised value, 1.6-1.7 million
Selling price, 1.2 million
Not a fixer upper, just a good deal
I want to assign the contract.
How should I go about doing that,
Any help would be greatly appreciated