Double closing
id:
double-closing-263-4228166
title:
Double closing
text:
A double closing is the simultaneous purchase and sale of a real estate property involving three parties: the original seller, an investor (middleman), and the final buyer. The underlying reasons for having a double closing vary. The most pressing and usual reason is to allow the middleman to use the purchasers funds to acquire the property from the original seller. Another common reason for a double closing is to conceal the identity of the purchaser or seller. Typically, a real estate investor
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Double_closing
date created:
date modified:
2023-03-30T13:12:16Z
main entity:
{"identifier":"Q5299985","url":"https://www.wikidata.org/entity/Q5299985"}
image:
fields total:
13
integrity:
13