Assignment First. Double Close Only When Forced.

Closed a deal today that reminded me of something important.

This one was a double close, but it was a probate situation where the property was not in a will. Because of that, the courts were in control of how the property could be executed — including the type of contract, which was non-assignable.

So double closing was the only option.

That said… it was still a good reminder that assignments should always be the first goal whenever possible, because double closes come with extra fees that can eat into your profit.

Lesson:

Assign when you can.

Double close only when you have to.

Know the rules of the deal before you lock it up 💰

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