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Assigning Foreclosures

Our number-one way we flip foreclosures is through assigning real estate contracts.This is a way to flip real estate without buying or owning the property. You may not even have to close escrow. We really are not flipping real estate at all. To flip real estate, technically, you need to own the real estate.

We are flipping real estate contracts. Real estate contracts are personal property. We own the contracts. Once you know how to assign contracts, your real estate investing career is going to take off.

We will give you the information you need to understand assigning contracts. We will talk about the types of contracts you can assign. We will then apply assigning to the foreclosure arena and show you how to make Quick Cash assigning your foreclosure contracts.

What Is Assigning?

Assigning a real estate contract transfers your position in the contract to another person for a fee. Said technically, assigning a real estate contract allows you, the assignor, to assign the contract to a new person, the assignee. An assignment transfers your rights to purchase a property under the terms of a real estate purchase contract to a new buyer.

The new buyer literally steps into your shoes and can buy the property under the same terms and conditions you negotiated with the seller. The assignor gives paperwork-the assignment-to the assignee,