Assignments.ca

🌟ASSIGNMENT SALE🌟

💰$1,549,000

📍2154 Walker’s Line, Burlington

🏡Townhouse

🛌 3 Bedrooms

🛀 3 Bathroom

🏎 4 Total Parking Spots

✅Occupancy March 31, 2023

Approx. 1799+ Sqf

Discover more  details by visiting https://assignments.ca/property/assignment-sale-modern-luxury-2-storey-end-unit-townhome-in-burlington/

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A contract assignment in real estate is when a buyer transfers the contract to buy property to someone else before the completion date. The buyer can transfer the contract for any price, usually at a slightly higher price than they paid for it originally.

The seller (the first party) and the wholesaler (the middleman) basically sign a contract that gives the wholesaler the complete right to buy a property at a specific price.

It's possible to assign any type of property, pre-construction or resale, provided there aren't restrictions against assignment in the original contract.

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