Posted by Stacy (AZ) on January 12, 1999 at 24:14:09:
I think you’d get more replies if you post this on the main newsgroup. The focus of the cash-flow forum is to discuss strategies for buying notes, not properties.
By the way, I personally would go the contract/assignment route. Negotiate the best possible deal with the seller, and assign the contract to the new buyer. REMEMBER to get a release of liability signed with the seller when you assign it.