How to Double Close a Real Estate Deal


Doubleclose

Uploaded on Oct 13, 2023

Category Real Estate

Here is a step-by-step guide to double closing a real estate deal. If you’re a wholesaler looking for quick funds for double closing, look no further than DoubleClose.com. We provide the best transactional funding for over and under $1 million, and there are no fees if the deal doesn’t close. Visit our website https://www.doubleclose.com/ to learn more about us.

Category Real Estate

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How to Double Close a Real Estate Deal

HOWTODOUBLECLOSE AREALESTATEDEAL What Is Double Closingin RealEstate? A double close is a real estatewholesaling strategy thatinvolves two transactions onthe same day. One transactionoccurs between the seller andthewholesaler,andthesec ondis between the wholesaler andtheendbuyer. The Different PartiesInvolvedintheTransa ction  HomeSeller (A)  Wholesaler(B)  Endbuyer(C) OpenEscrow  Prepare the purchase andsaleagreement.  Sendthedocumentstothe closingattorney.  Let them know you’re doubleclosing. FindtheEnd Buyer Once the buyer is ready,make sure they wire theirfundstoescrow. TransferofOwnershipF romAto B  Thetitlecompanyconfirms thefundtransfer.  Thetitlecheckisdone.  Thesellertransfers ownershiptothewholesaler. TransferofOwnershipfr omBtoC The same process will berepeated between B and C onthesamedaywithinafewho urs. FundsDispersed  Theseller (A) getspaid.  The wholesaler (B) makesprofitsfromthediff erenceinamount.  Theendbuyer (C)getstheproperty. Areyouarealestatewholesalerlookingfor quickfundstodoublecloseadeal? ReachouttoDoubleClose.com Weprovidetransactionalfundingforoverandunder $1million Visitwww.doubleclose. comTolearnmore