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Updated about 7 years ago on . Most recent reply

User Stats

21
Posts
1
Votes
Brittany Adams
  • Professional
  • Houston, TX
1
Votes |
21
Posts

I want to make sure I have the steps right first.

Brittany Adams
  • Professional
  • Houston, TX
Posted
I’ve been focusing my studying on Wholesaling Pre-Foreclosures lately. I’m ready to take that leap, but I want to make sure I have everything lined up correctly first. Please fill holes where you see fit. With the auction deadline in mind, of course. 1. Get the property under contract with P&S 2. Find buyer 3. Add fee and assign to buyer w/assignment contract. 4. Close before auction date. (Seller’s proceeds pay off back taxes and liens first, then he/she receives the rest) Done...? I’d also like to add in an option and a clause where the seller may also find a buyer if he/she can, as to not tie up the property when it can be sold if I don’t find a buyer.

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