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Hide SNN Field in the Contract Addendum

Hide SNN Field in the Contract Addendum

Aug 6th, 2022

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How to Hide SNN Field in the Contract Addendum

4.9 out of 5

73 votes

the first is that the wholesale fee is disclosed to the cash buyer since hes paying you the assignment fee from his proceeds at closing its a line item on his closing statement so he knows exactly how much the wholesaler is making on the deal the second possible downside to the assignment method is some contracts dont allow the assignment and have written language in the contract that prevents you from assigning the contract this is called a no assignment clause all bank properties have no assignment clauses and other unique situations do as well and the third possible downside to the assignment method is some states such as illinois oklahoma and soon to be nebraska have regulation regarding how you do the assignment method the issue here is more states are considering regulation

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