Newbie Flip Questions - Posted by Martin

import · February 21, 2001, 1:51pm

Posted by Nate on February 21, 2001 at 17:53:05:

Negotiable between you and the investor. As a flipper, I would want my fee up front. As an investor, I would not want to pay an assignment fee until I close in case something goes wrong.

import · February 21, 2001, 1:51pm

Posted by Martin on February 21, 2001 at 14:51:53:

After I have a signed contract to flip is it my job to order title work or is it the job of the investor I’m going to flip it to?
Also, if it is my job to order title work dose the cost of this service just come out of my check at closing or do I have to pay for this service in advance?

Thank You!
Martin

import · February 21, 2001, 2:11pm

Re: Newbie Flip Questions - Posted by Nate

Posted by Nate on February 21, 2001 at 15:11:38:

If you are going to assign the contract, there is no reason to get title work done because you will never take title.

import · February 21, 2001, 2:23pm

Re: Newbie Flip Questions - Posted by Martin

Posted by Martin on February 21, 2001 at 15:23:26:

So after I have a signed contract all I have to is get my investor to sign a assinment contract and collect my fee or do I have to wait till closing to get my fee?

Thank You!
Martin