OfflineWhen assighning a contract do I tell the homeowner my intent or pretend as though I'm the one buying the house, which is impossible due to bad credit, barley enough dough, the usual. I know this qurstion has been brought up alot but never answered, so someone give me a straight forward answer.
taking things one step at a time.
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NEVER mis-represent yourself!!! You will get a bad reputation and that's NOT good in this or any business. You can always say that you would 'like' to buy it, but in case you don't you would like the right to assign it to another buyer, which would STILL benefit the owner who ultimately wants the property sold. Do NOT ever keep the truth from the owner. Always conduct your business with honesty and integrity!
Psalms 118:23 "This is the LORD's doing; it is marvelous in our eyes."
Word of mouth travels fast. You don't want a bad-rep before you even get started....Jan
It's too much work trying to "make things up" anyway. You won't remember who you told what! lol
(It's kind of funny watching people do that. Excuse my warped sense of humor)
Rina
"Obstacles can slow you down, but they can only stop you with your permission." Dean Graziosi (BARM pg 101)
"For I know the plans I have for you," declares the Lord, "plans to prosper you and not to harm you, plans to give you hope and a future." Jeremiah 29:11
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Now I appreciate the feed back. Now as far as the investor goes, should I include my fee right along with the price of the property on the contract?
Which contract do I use when biddogging with the investor to ensure I get paid?
If you're bird dogging the investor pays you a fee that HE chooses, you would use a promissory note for that. However, if you are doing an assignment of the purchase contract that you used to lock up to get the deal YOU are in position to name your own fee. That's why I prefer assigning vs bird doggin.
Psalms 118:23 "This is the LORD's doing; it is marvelous in our eyes."