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Updated over 6 years ago on . Most recent reply

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Brendan Talty
  • Lexington, SC
0
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Is this a legit wholesale Assignment of Contract?

Brendan Talty
  • Lexington, SC
Posted

This is my first time buying a wholesale deal. It was listed on the MLS and I didn't know it was a wholesale deal until after I made an offer.

Have you purchased from a wholesaler with a contract like this before? Totally normal, don't worry about it or run away as fast as you can?

Any feedback would be greatly appreciated. 

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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,508
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

Looks like a typical assignment agreement.  Make sure you actually read the purchase contract that is being assigned before you agree.

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