The purchase price appears as a credit to the seller and a debit to the buyer. Let’s say the purchase price was $120,000. Any rental security deposits will be credited to the buyer and debited to the seller. This is

If the property is receiving rental income, the buyer is entitled to receive a prorated share of the monthly rent from the 14th day of the month until the end of the month. Let’s put some numbers to this so

The seller would take the money out of escrow at the closing of the escrow. The seller would put the deed to the property in escrow at the opening of the escrow. The buyer would take the deed to the

In our Quick Cash system, you may wind up receiving money directly from another real estate investor without going to a closing. You could be assigning a purchase contract or an option contract to another investor, who will then go