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Wholesaling
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Updated over 7 years ago on . Most recent reply

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29
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6
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Pablo Garcia
  • Investor
  • Brentwood, NY
6
Votes |
29
Posts

Purchase agreement question

Pablo Garcia
  • Investor
  • Brentwood, NY
Posted

I searched but couldn't find anything.... 

When wholesaling, do you have to sign the purchase agreement with a title company or attorney or can this be done just between the seller and wholesaler? 

Most Popular Reply

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3,467
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Tom Gimer
  • DMV
3,417
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3,467
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Tom Gimer
  • DMV
Replied

Contracts are between buyers and sellers. Title companies are typically not parties to sales contracts or assignment agreements. The only time a title company would execute such an agreement would be to acknowledge receipt of an EMD or some specific terms related to escrow/conditions of release of funds.

  • Tom Gimer
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Eastern Title & Settlement
4.9 stars
14 Reviews

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