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What is assigning a contract in real estate?

A real estate assignment contract is a wholesale strategy used by real estate investors to facilitate the sale of a property between an owner and an end buyer. ... That means they may then sell their rights to buy the house to another buyer.

What does it mean to assign a contract?

November 2015) (Learn how and when to remove this template message) An assignment is a legal term used in the context of the law of contract and of property. In both instances, assignment is the process whereby a person, the assignor, transfers rights or benefits to another, the assignee.

What is one price both the buyer and seller agree upon?

PLAY. Match. A Legally enforceable agreement under which two parties agree to do something for each other is called. a Valid contract. A buyer approaches a seller and says "I'd Like to buy your house." The seller says "Sure" and they agree on a price.

How do you start a real estate contract Flip?

0:49 7:35 Suggested clip How To Flip A Real Estate Contract - YouTubeYouTubeStart of suggested clipEnd of suggested clip How To Flip A Real Estate Contract - YouTube

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