OfflineHello, everybody...
Working on my first deal and have an offer going in on a property with an out of state owner. I assume I can send her my contract to sign and fed ex back to me... (any thoughts / guidance?)
Then I'll need to either assign the contract or do a double close. Does she have to fly to Texas to be present or can she give her property manager power of attorney or something like that? Let me know...
Chip F
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In today's real estate climate, almost everything can be done remotely.
Thanks to the internet doing deals from the comfort of your own home is done on a daily basis.
If the property is bank owned REO, then you'll need to do a double closing,
if it's a private owner you can do an assignment, either way you can either
give POA for signature or even better you can use electronic signatures.
Depending on who you're working with and where they're located, your REALTOR or title company will be able to assist you.
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125
I just just assigned my contract and closed a deal with an out of state owner contract signatures were signed and faxed over to the title company. I then had my end buyer fill out the assignment of contract and faxed it to the title company. From that point my end buyer made the EMD and took over from there. I just waited for my check in the mail.