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Updated almost 8 years ago on . Most recent reply

User Stats

8
Posts
1
Votes
Kent Mayes
  • Real Estate Agent
  • Corpus Christi, TX
1
Votes |
8
Posts

to use a non-circumvention non-disclosure in a wholesale deal?!

Kent Mayes
  • Real Estate Agent
  • Corpus Christi, TX
Posted

'ey everyone!

Got a question relating to the initial contact of a potential wholesale deal. Looking for the best way to protect myself as a wholesaler when dealing with new investors. Upon my search and advice among everyone, the concept of a NCND came up and I am trying to wrap my mind around its presentation and how to use one.

How does a wholesaler legally obtain/use one of these? Are there ways to use this with the assignment contract? Something feels off about just editing templates you find off a google search.  Any input is greatly appreciated!

Most Popular Reply

User Stats

504
Posts
191
Votes
Arpan Patel
  • Investor
  • Chicago, IL
191
Votes |
504
Posts
Arpan Patel
  • Investor
  • Chicago, IL
Replied

Why go through all of that if you have it tied up under contract? maybe make your contract recordable as well and cloud title. I don't think it would be best to use an NCND but that is my personal opinion. Good luck!!

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