Posted by JohnBoy on July 31, 2001 at 18:52:31:
You would have to have the deed the seller signs being held in escrow left blank as far as who the person is that will be taking title. If you use a trust where the seller would be assigning the beneficial interest over then the assignment form naming who the new beneficiary will be will need to be left blank until you know who the new buyer is.
You will have to talk with your attorney on this and see if that is something he would do while holding everything in escrow. Otherwise see what he would suggest to avoid the deed or beneficial interest passing to you first and then you passing it on to your buyer.
The typical way of handling this would be to just enter into a purchase agreement with you being the buyer naming yourself and/or assigns, then find the buyer and just assign your purchase agreement to your buyer and your buyer would close on everything from that point on. Then the seller would sign off on the deed and any other documents at that time. Title would never be in your name, only the purchase agreement.