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Assignment Webinar: How To Find The Right Deal
Presented By: The Zadegan Group
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January 30th, 2024
Presented By: The Zadegan GroupJanuary 30th, 2024
About the Event
Daniel has over 10 years of experience dealing with investors in assignment transactions. He is a professional working with junior investors to senior investors. His investors include individuals who have 1 door to upwards of 150 doors in their portfolio’s.
January 30th, 2024
They cannot close by way of a mortgage because of interest rates going up they are not qualified anymore. Some have lost their jobs and cannot qualify anymore and some were speculators in the market who had no intention of closing but since the market turned they are now stuck in a position that they have to sell for cheap to get out.
TicketsJanuary 30th, 2024
When a builder notifies Assignors or sellers that they have to close, they are given about 60 days to close. Because of such tight timeline, they need someone on the table quickly in order to get the property sold so they sell for a lot cheaper in order to attract someone quickly.
TicketsJanuary 30th, 2024
These owners have to sell off-market. The reason they have to sell off-market is because it is written in the original purchase agreement they have with the builder that they cannot put these units that are on assignment on MLS. Reason being is because builders don’t want them to compete against the builders remaining.
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