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Updated almost 9 years ago on . Most recent reply

Account Closed
  • Contractor
  • Cleveland, TN
18
Votes |
75
Posts

Contracts for Wholesaling

Account Closed
  • Contractor
  • Cleveland, TN
Posted
I was wondering if anyone knew if you can get documents or contracts on BP for wholesaling. Would it better to seek a real estate attorney or title place to run a contract for you as far as wholesaling a deal and getting an assignment contract in place?

Most Popular Reply

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49
Posts
24
Votes
Cassandra Ramirez
  • Investor
  • Ashburn, VA
24
Votes |
49
Posts
Cassandra Ramirez
  • Investor
  • Ashburn, VA
Replied

It's better (and cheaper) if you bring contracts to the attorney to review and ask them what changes, if any, you need in order to make it applicable for whole sale deals in TN.  You should also give them the assignment of contract paperwork too to review.  They will probably give you an addendum to be used (different for each state) but ask so it's not missed.  Also ask them if there is any additional paperwork that is required (like lead disclosures for older neighborhoods).  I would sit with them and tell them exactly how you want to use the documents so you don't miss anything.  I can send you the contract I use if you'd like.  Just add me as a contact and message me and I'll share.  

Hope this helps.

Cas

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