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Updated about 7 years ago,

User Stats

40
Posts
14
Votes
Nate Ollie
  • Multifamily Investor
  • Hyattsville, MD
14
Votes |
40
Posts

Assignable Contract vs Purchase and Sale Agreement

Nate Ollie
  • Multifamily Investor
  • Hyattsville, MD
Posted
Hey guys, looking for a little guidance here with something for my first deal: I am in the midst of putting my first house under contract. I went through a realtor to find this one, and I told him today that I wanted him to draft an assignable contract and gave him an offer amount. He responded and said that he didn't do assignment contracts and said he could draft a purchase and sell agreement instead. What I want to know is if I should just provide the agent with an assignment contract that I have and have him present that to the seller, or what other course of action I should take since I want to wholesale this home.

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