Real Estate WholesalersA real estate wholesaler is someone who facilitates deals between homeowners and investors or buyers.

The process is broken from the buyers’ perspective. the redemption's in our experience has always been that way.

Yet, it seems common practice for wholesalers to use this contingency to back out of the contract simply because they have not found a buyer within the inspection period.

Assignment agreement between you (assignor) and the end buyer (assignee)Assigning does not necessarily relieve you of your obligations to close on the purchase if your assignee fails or refuses to do so.  

And we have a chronic housing shortage, so finding renters (or buyers) is n ever a problem. 

They normally get taken down pretty quickly but if you find someone who is persistent enough, you should be able to take their info and get them to add you to their buyer list.

It was very difficult for us to find a bank to refinance the deal and also difficult for us to procure a buyer for the condos we didn't want.The cap rates typically traded higher than a simple ownership interest. 

I’m not only working on my case with these buyers and a DeKalb Pastor & Chaplain of DeKalb Sherriff Office on over 2.5M...but this now appears to be related to a HUGE Mortgage Fraud Criminal Ring here in Metro Atlanta with quite a few of confirmed fraudulent documents on many properties as more evidence shows up.Some of the names I have confirmed provided or created fraudulent bank statement, operating agreements and forged QCD docs to obtain mortgages illegally then allow them to foreclose.

Usually gets people to open up and it's usually easier for a buyer to see how committed they are to the profession. 

Many companies charge lower initial fees which makes it easier to attract new owners but then charge inspection fees, after hours fees, fees for additional services etc.