Comments on: Why No One is Buying Your Assignment http://truecondos.com/why-no-one-is-buying-your-assignment New Condo Development Specialist Mon, 06 Feb 2012 15:13:11 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Terry Voth http://truecondos.com/why-no-one-is-buying-your-assignment/comment-page-1#comment-24963 Terry Voth Wed, 10 Mar 2010 06:00:57 +0000 http://truecondos.com/?p=2404#comment-24963 Having a lawyer involved can't hurt. Most realtors work hand-in-hand with a good real estate lawyer. Having a lawyer involved can’t hurt. Most realtors work hand-in-hand with a good real estate lawyer.

]]> By: Jack http://truecondos.com/why-no-one-is-buying-your-assignment/comment-page-1#comment-24923 Jack Tue, 09 Mar 2010 03:14:34 +0000 http://truecondos.com/?p=2404#comment-24923 Thanks, Andrew. Your answer brings me back to my original question though: how do you go about finding a good lawyer? I've googled around, but there doesn't seem to be any web presence for these "assignment specialists". Is there a list anywhere? Thanks, Andrew. Your answer brings me back to my original question though: how do you go about finding a good lawyer? I’ve googled around, but there doesn’t seem to be any web presence for these “assignment specialists”. Is there a list anywhere?

]]> By: Andrew la Fleur http://truecondos.com/why-no-one-is-buying-your-assignment/comment-page-1#comment-24910 Andrew la Fleur Mon, 08 Mar 2010 17:32:52 +0000 http://truecondos.com/?p=2404#comment-24910 Good question. My take on it is this: title insurance is only available on 'real property'. since an assignment is not real property, there is no title insurance - until the deal closes and the property is registered. There is inherent risk in buying an assignment. Get a good lawyer! Good question. My take on it is this: title insurance is only available on ‘real property’. since an assignment is not real property, there is no title insurance – until the deal closes and the property is registered. There is inherent risk in buying an assignment. Get a good lawyer!

]]> By: Jack http://truecondos.com/why-no-one-is-buying-your-assignment/comment-page-1#comment-24892 Jack Mon, 08 Mar 2010 04:08:54 +0000 http://truecondos.com/?p=2404#comment-24892 Hi Andrew, Great article. I'm considering purchasing an assignment and I've found your entire series very helpful. You mention that you ideally need a lawyer who understands assignments for a smooth deal. How do you go about finding a real estate lawyer who is indeed familiar with assignments? Also, I was wondering if title insurance or an equivalent thereof is available for an assignment. I'm just wondering if there is any way to cover yourself so that you cannot lose the money paid in case of fraud on the part of the seller of the assignment. Cheers, Jack Hi Andrew,

Great article. I’m considering purchasing an assignment and I’ve found your entire series very helpful.

You mention that you ideally need a lawyer who understands assignments for a smooth deal. How do you go about finding a real estate lawyer who is indeed familiar with assignments?

Also, I was wondering if title insurance or an equivalent thereof is available for an assignment. I’m just wondering if there is any way to cover yourself so that you cannot lose the money paid in case of fraud on the part of the seller of the assignment.

Cheers,

Jack

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