Buying & Selling Real Estate
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
New Wholesaler asking me to sign Nondisclure agreement
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

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.