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Updated almost 6 years ago on . Most recent reply

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16
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Ariana Pope
1
Votes |
16
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Contracts and Closing for Wholesale Deals in Milwaukee County, WI

Ariana Pope
Posted

Hi, 

I am trying to close a deal in Milwaukee County, WI. I understand that these questions may be redundant but I am looking for some help from someone as soon as possible who may have some knowledge in this area.

 My first question is what contract type of contract is better to use in this area to close a deal with. I understand that what I do is creative real estate investing but I know that because I am a novice someone may know what works better. 

My second question is what may be a better method to close a deal in Milwaukee County, WI through a title company or an attorney or other way? If there is a a contract that any one has handy that I may use that works best for wholesaling property in Milwaukee County, WI? 

I know that last question was out of order, but my last question is does any other have a step-by-step guide I may use to close this deal after under contract? 

This would be a great helpline for me for closing this deal. 

Thank you so much!!

Most Popular Reply

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389
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Joshua Martin
  • Investor
  • Milwaukee, WI
193
Votes |
389
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Joshua Martin
  • Investor
  • Milwaukee, WI
Replied

Hey @Ariana Pope,

  I would just use the WB-11 Wisconsin Offer to Purchase for the contract itself, it doesn't matter that you're not a licensee and it's better should you, god forbid, ever end up in court if this contract was used. If you search WB-11 Wisconsin I bet you'll find a PDF of it and can download there. Just read through it, get familiar with it, and strike out all 3 options on the first couple lines since you'll be a principal in the transaction.

  You'll have to fish around for an assignment of contract though, or I'm sure real estate attorneys will have them on hand. I've seen them as thin as 4 sentences and as long as a densely written full page. Pretty simple concept though.

Hope that helps to get you started!

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