Neoisthe1's blog

We are dealing with a realtor that is saying it is illegal and fraudulent to assign a contract before closing.
A little history.
We put in an offer on a MLS short sale more than two months ago. The owner accepted the offer. We had used "And or Assigns" behind our LLC name on the contract. It was signed and accepted by the owner and realtor. A few weeks ago we signed an affidavit from the bank that says we cannot sell the house within 30 days and cannot sell it for more than 120% from 31 to 90 days. Right now we are short on cash and can not afford to buy the house, but didn't worry as we had "and or assigns" on the contract and it was signed by the owner and the realtor. Recently the bank sent an addendum asking to remove the "and or assigns".

Found an "A Player" Realtor and we have been throwing offers at her the last two weeks. We have close to 60 offers submitted and two accepted in the last two days.
25 to 1 works like a champ.
Thanks Dean, Matt, Craig, Jeff, Nate and everyone else that has help and coached along the way!!! You all ROCK!!!