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Updated over 8 years ago on . Most recent reply

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Brandon Russell
  • Lender
  • San Angelo, TX
0
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Right to assign or buy

Brandon Russell
  • Lender
  • San Angelo, TX
Posted

OK We have spoken to seller that is  willing to sell their duplex and single family for 90,000. I need to know which agreement to present to them. To lock in the price and the right to buy or assign the deal.

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Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
2,573
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Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
Replied

You could send them a normal purchase and sale agreement and where the buyers name goes just put " and or assigns " after that.  If your going to wholesale the property dont mislead the seller that you are buying if you have no intentions in doing so.

  • Curt Davis

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