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Updated over 4 years ago,

User Stats

59
Posts
18
Votes
Austin Wood
  • Specialist
  • Ohio
18
Votes |
59
Posts

Locked up first wholesale deal, found a buyer, now what?

Austin Wood
  • Specialist
  • Ohio
Posted

Buyer reached out to me saying he works for a professional home buyer and is buying 15 houses a month in my area. He makes full price offer requesting to use his title co. I told him I had to stick to my usual title co. He says ok deal... my question is what happens next. I send him the original purchase agreement I have with the seller, and an assignment contract. He fills the assignment contract out. Then when do I have the seller sign the assignment contract? When do I give the contracts to the title company? Does all of this happen after my buyers inspection period when he decides if he is doing the deal for sure, or does all this happen during his inspection period?

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