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- Double_closing abstract "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 first enters into a contract to purchase a property and then subsequently (before closing the purchase) enters into a contract to sell the property (hopefully for a higher price). The investor then utilizes a double closing to close both transactions at approximately the same time.".
- Double_closing wikiPageID "1543426".
- Double_closing wikiPageRevisionID "601677131".
- Double_closing hasPhotoCollection Double_closing.
- Double_closing subject Category:Legal_terms.
- Double_closing subject Category:Real_estate.
- Double_closing comment "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.".
- Double_closing label "Double closing".
- Double_closing sameAs m.0591tt.
- Double_closing sameAs Q5299985.
- Double_closing sameAs Q5299985.
- Double_closing wasDerivedFrom Double_closing?oldid=601677131.
- Double_closing isPrimaryTopicOf Double_closing.