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Wholesale Contracts.. protecting myself
Hey everyone,
I had a question (which will show just exactly how green I am to all this) regarding contracts. If i have a property in contract and I begin looking for buyers.. what happens if I am unable to find one? Does the wholesaler risk having to purchase the property him/herself?
Or are there certain clauses within a standard contract that says the property would revert back to the seller after "x" amount of time?
Any guidance on this would be much appreciated. Thank you!