Real estate purchase contract.

[Stuart Bartwicki]

Hi BP,

I was hoping for some guidance regarding a 'purchase contract' for wholesale purposes. I have come across a couple of potential wholesale deals in Calgary, Alberta. A number of people have advised me that simply pulling an Alberta real estate purchase contract from google is sufficient documentation to purchase from the seller. Also, with conditions applied such as, 'subject to buyer finance', am I able to back out of the deal within the due diligence period, if I am unable to find an investor willing to purchase the contract? I am somewhat sceptical of the legalities involved. 

Any advice would be massively appreciated. 

Kind regards

Stuart