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Updated over 4 years ago on . Most recent reply

User Stats

7
Posts
2
Votes
Gary Josephs
  • Paterson, NJ
2
Votes |
7
Posts

Wholesale North New Jersey

Gary Josephs
  • Paterson, NJ
Posted

I am in the correct spot but I am looking for a little more information on completing the wholesale process in New Jersey more specifically north jersey. 

I have a contract that I got from Sean Terry's flip to freedom academy and from what I have researched it pretty straight forward.

My question is: Do I need to have an attorney on my team to complete an assignment of the property or can I do without? 

I have potential deal in reach but they are requesting to hear from my attorney, I want to know if I can bypass that or should I get an attorney to lock this one in?

As well what is a price range I should expect for an assignment fee for the attorney? 

I know this is a lot of question, any information would be helpful 

Thanks

Gary 

GMA Property Solution 

gmapropertysolution.com 

Most Popular Reply

User Stats

120
Posts
58
Votes
Jonathan Herron
  • Attorney
  • New Jersey
58
Votes |
120
Posts
Jonathan Herron
  • Attorney
  • New Jersey
Replied

An attorney will be able to ensure that all the terms of the deal are accurately drafted into the contract.  While there is no requirement to use an attorney it is common, especially in North Jersey.  As for a fee that would depend on the attorney you hire. 

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