Generally speaking, we are working with many buyers and investors. Also, we sold many projects in 1 Bond Cres, Richmond Hill. That is why we can help you Sell Your Assignment Before Closing. An assignment is a sales transaction where the original buyer of a property (the “assignor”) allows another buyer (the “assignee”) to take over the buyer’s rights and obligations of the Agreement of Purchase and Sale.
When a Seller assigns a property, they aren’t actually selling the property (because they don’t own it yet). An assignment sale occurs when a pre-construction condo buyer decides to sell before closing. Since they don’t technically own their unit, what they’re really selling is their purchase agreement with the builder. Additionally, With assignment sales, there are essentially 2 closings: the closing between the Assignor and the Assignee, and the closing between the Assignee and the Builder.
We often receive calls from people regarding buying pre-construction or resale. Actually, the answer is based on the client’s situation. On the other hand, these days we are getting many calls from people and all is about assignment sales. Based on surveys, we can tell that pre-constructions and assignments are very famous these days. In addition, it is high demand for investors. You can Sell Your Assignment Before Closing, so please reply!
Real Estate Salesperson