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Updated over 9 years ago, 06/12/2015

User Stats

36
Posts
8
Votes
Greg Hammond
  • Investor
  • Louisville, KY
8
Votes |
36
Posts

What fees are involved as the middle man in a wholesale deal?

Greg Hammond
  • Investor
  • Louisville, KY
Posted

As the middle man in a wholesale deal, what legal fees am I responsible for? Title search/closing etc. I have a signed sale agreement and notorized memorandum I am sending over to a closing attorney in the morning. I'm guessing I need to pay for the title search or will the end buyer do that? I have the end buyer ready to sign the assignment contract tomorrow afternoon. I just need a little help as I am confused as to what I need to do vs the end buyer. I have a difference of $3500 and I would love to see how much I am going to keep! Thanks in advance

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