Got Motivated Sellers but need Contract Help in Nashville, TN

[Thomas Humphrey]

Just starting out as a Wholesaler. I have two questions? I have 2 Motivated Sellers and a bunch of different types of Assignment Contracts, Purchase Agreements, etc. However, I don't know exactly which Contracts to use. I think based on my research to use an Assignment Contract, but it doesn't have a place for the purchase amount so I naturally thought a Purchase Agreement would be required as well. Since, I wasn't sure what contracts to use I haven't identified a Title Company that works with Wholesalers. So my questions are:

1) What documents are required?

2) Do you know of any Title Companies that allow Wholesale documents that state "and assigns"?

I'm open to suggestions. Please help

[Micah Copeland]

Hey Thomas. You are going to want to use a purchase contract with the seller. Then use the assignment contract with the buyer. Essentially you are assigning him that original purchase contract you have with the seller for a profit then stepping out of the way. He is basically purchasing that contract via the assignment. Nashville Title and Rudy title both will do assignment contracts. Also, usually if you send them a contract that isn't right they will let you know that its not and maybe even help you get the one you need. Try reaching out to them beforehand.

Obviously I am not a lawyer and this shouldn't be accepted as legal advice.