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Updated over 11 years ago on . Most recent reply
What do I give to an assignee?
I plan on meeting a few people at a property I am wholesaling. What do I give to the assignee (retail buyer), in exchange for their deposit? I plan on giving them a copy of the assignment contract. Does anyone ever get resistance when doing this? I would be reluctant to hand over a deposit to someone I just met at a property.
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Wayne Brooks
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Obviously, an Executed assignment contract, and the executed purchase agreement that you are assigning. As an end buyer, my deposit would go to the title co., not you.