-
Houseflipper.com
finds distressed properties and negotiates a contract
to the lowest, feasible price.
-
Houseflipper.com
contracts are written with the buyer being an entity
with "and/or assigns."
-
Houseflipper.com
places the Property on the website, www.houseflipper.com,
for investors to purchase the conditions and terms
of the contract. YOU ARE PURCHASING THE CONTRACT
THROUGH AN ASSIGNMENT OF CONTRACT. IF YOU ARE A
REAL ESTATE AGENT WORKING WITH AN INVESTOR, YOU
MUST BE PAID THROUGH YOUR BUYER, UNLESS OTHERWISE
INDICATED
-
The
Houseflipper.com contracts are assigned to the investor
through an assignment of contract of sale - See
example in Investors Resources.
-
An
Assignment of Contract of Sale is a legally binding
document in the State of Texas. Houseflipper.com
asks all investors to carefully consider the deal
before signing any agreement on paper. If an investor
breaks the assignment of contract of sale, he/she
will be held legally responsible.
-
Houseflipper.com
contracts are negotiated to the lowest feasible
price; therefore, unless otherwise stated on the
Property ad, bargaining will not be entertained.
-
Houseflipper.com
assigns the contract for a stated assignment fee.
-
Houseflipper.com's
assignment fees will always be in line with the
value of the deal, and as such, Houseflipper .com
will not consider any discussion on the lowering
of assignment fees.
-
Houseflipper.com, will to the utmost of their ability,
provide the investor with the best market value
of a property and/or the repair estimates. However,
Houseflipper.com insists that the investor gets
his/her own numbers. Houseflipper.com will give
the investor their honest, experience proven opinion
of after repaired value and repair costs on any
property that Houseflipper.com is selling, but check
out the numbers for independent verification.
-
If
an investor decides to purchase a Property from
Houseflipper.com, he/she must sign and return the
assignment of contract ,as well as place the earnest
money with the specified title company, within 24
hours of Houseflipper.com providing the investor
with an assignment of contract of sale.
-
The
investor must also comply with all other terms and
conditions of the contract, which will be provided
in writing to the investor in conjunction with the
assignment of contract of sale.
-
Unless
otherwise stated, the investor must pay cash for
Houseflipper.com deals, have a line of credit ,
a private/hard money lender or some other way to
come up with the money for the contract price, assignment
fee, repairs, closing costs and any other expenses
that may occur with a real estate transaction.
-
Houseflipper.com
likes to close deals fast. From the day Houseflipper.com
assigns the contract to the investor he/she must
close within 10 days.
-
Houseflipper.com's
assignment fees will always be payable upon closing
and funding of the deal.
