Please Help With Assignment ??!!
My partner and I have been working on a deal for about a month. We had put a contract with an assignment clause. Found a buyer ,approved for loan, days before the closing the closing attorney asked us to get a letter from the mortgage company on how to distribute funds-we talked to the loan broker and he said they will not provide such letter for 2nd closing funding 1st closing. This is the 1st time we have used this closing attorney. I really don't have the time to forma trust or LLC. We are trying to salvage the deal and was hoping for any suggestions. I'm in Georgia... :-? :-?
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