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Updated over 10 years ago,

User Stats

37
Posts
1
Votes
Anthony Bell
  • Lansing, MI
1
Votes |
37
Posts

Closing a wholesale deal pretty soon.. I need some help/advice!!!

Anthony Bell
  • Lansing, MI
Posted

Hey BP world!,

I've been working on a wholesale deal for about 3 weeks and it is close to closing!

I got the seller to agree to $16,000 and my buyer agreed to $20,000 so my fee of course is $4,000. The buyer has an agent representing him and we're closing at their title company. I used a standard P&S agreement but their attorney felt it didn't protect the buyer as well so they drew up another contract that will be between the buyer and seller and an addendum that states I get the $4,000. My thing is, before I allow this to go thru what do you guys think?

Please help and thank you!!!

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