Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago on . Most recent reply

User Stats

64
Posts
9
Votes
Robert M.
  • Investor
  • Atlanta, GA
9
Votes |
64
Posts

New Wholesaler asking me to sign Nondisclure agreement

Robert M.
  • Investor
  • Atlanta, GA
Posted

A wholesaler approached me about a group of properties that I may or may not have interest in purchasing.  I do not know this wholesaler and they approached me but they want me to sign an NDNC agreement prior to releasing the address for me to inspect.

Further, I asked them to send over their NDNC and they dont have and asked me to find one and send to them this morning.  

I am on any buyers list and have properties sent to me everyday to evaluate.  I dont think I have been presented these properties because of the area but, if I have been presented, I wish to remain loyal to first wholesaler and avoid any trouble because I signed a NDNC.

Thoughts or Suggestions?

Most Popular Reply

User Stats

2,065
Posts
1,666
Votes
Guy Gimenez
  • Investor
  • Corpus Christi, TX
1,666
Votes |
2,065
Posts
Guy Gimenez
  • Investor
  • Corpus Christi, TX
Replied

@Robert M.

New wholesaler doesn't begin to describe these wholesaler. In all likelihood, the "seller/wholesaler" does not have the property under contract, hence the need for a NDNC.

Loading replies...