I'm new and have been making offers planning to assign or use transactional funding through Coastal-Funding when I cannot assign (Double Close). My agent received the following questions via email from the listing agent on one of the properties I offered on. and emailed the questions to me:
Can you ask your buyer the following?
1. Is it her intention to short sale flip the property, or in other words, do a back-to-back transaction with another buyer for a profit?
2. And if so, does she intend to market the property to potential buyers if accepted?
I'm thinking my answer should be "Yes. Disclose, disclose, disclose." What do you think?
When you don't have more, you have to create more. - Cre8mour