When to use a double closing

When to use a double closing

Hey DG FAM.
First time posting.I've sent alot of PM's and thanks for all your response.I've been nailing away at learning assignments
my question is:
putting in offers on foreclosures and the bank doesn't except assigning,is that where I can use the double closing strategy.
My title co.is ok with that,I just dont understand how it works.
What if you cant find a buyer,like with assigning can you give yourself an out.

Jason Smith
San Diego

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Jason S.
San Diego, CA.
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Jason

Hey Jason
Put a contingincy in the contract that says subject to lender approval.
That would give you an out if you should need it.
Sissy

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assigning denied/approach with double close

Thanks sissy
How do you approach the agent if he tells you that the bank will not except an assignment.
Do you just say,If the bank wont except an assignment, I can close on it myself.

__________________

Jason S.
San Diego, CA.
**All CASH House Buyer!**
Refer Us To Neighbors, Friends & Family, Earn $1,000
LIKE my FB page http://www.facebook.com/JandBHouseSolutions