Assignment Sales – Pros and Cons

You’ve probably heard the term “Assignment Sale” at some point. What does it mean? A contract assignment occurs when a buyer transfers the contract to buy property, usually a condo, to someone else before the construction completion date. The buyer can transfer the contract for any price, often for a higher price than they paid. Today on 570 News Ask the Experts, Faisal talks the basics along with the Pros and Cons of Assignment Sales.