What Is Double Close?
In a double close, the investor actually takes title to the property — unlike a contract assignment, where they never own it. The investor closes on the purchase from you, then closes on a sale to their end buyer, often the same day or within days.
For you as the seller, a double close functions exactly like any normal cash sale: you sign, you close at a title company, and you get paid in full. What the buyer does next doesn't affect your proceeds.
Double closes are a legitimate, common investor strategy. The key protection for you is the same as any sale — close at a licensed title company with a clear purchase agreement.
Have a property you need to sell?
Diamond Home Buyers makes fair cash offers across Michigan, Tennessee & Florida — any condition, any situation. Close in as little as 7 days.