I found a cash buyer to assign to, but she asked me if an assignment is anything like(her exact words) an "Option to Purchase". I don't know what that is nor have I ever heard of it even after doing a DG.com search.
She said something about how it enables an investor to back out at any point during the deal so one of her clients attornies advised against it. (She's also an agent)
I'd really like to be able to get back to her asap but that Option to Purchase really threw me for a loop. And I don't know what to say. I'd like to ignore it but that wouldn't be very professional of me.
Any one know what an "Option to Purchase" could be or if it's anything like an Assignment?
If only I could remember I put a post up on the forums.