Posted by Ryan on October 09, 2003 at 08:56:34:
What is the difference between this and an assignment. On a 30 day option, will i have to pay the mortgage? One problem i have run into is a lot of the condo associations have to approve you and interview you. That means the assignment will have to take place before the closing so the person on the contract is the same person their going to interview. Probably not going to happen. Please write back with more detail on the option as i am not familiar with this type of technique.
Thanks for all the help!