Don't get the cart before the horse, once you find a deal, there will be people wanting to put up the cash. 

And I will, because that works more often than not than jumping up and down on one's high horse.

If I'm backing out, it's going to be within two weeks and then I can do a flex option.Those same people on their high horse (which has been beaten to death) have no problem buying someone's home for 50% of its value so let's not kid ourselves as to the superior moral standards of an anti-wholesaler "real buyer".

Cart before the horse here a little bit. 

I just hope you really see what mistakes you have made, brush yourself off, but get back on that horse, just this time with more knowledge.

Originally posted by "TonyS":It simply gives me title, which gives me permission to control, which gives me permission to sell.......Only a deed gives title -- an option does not give title.I think what's going on here is a semantics issue -- as an attorney I tend to be very precise with my words and don't ascribe meanings to words that they don't actually have -- for example, an option IS binding on the seller during the option period whether the buyer exercises or not, but this is the correct legal terminology and not the way most lay people would describe it.Unfortunately most non-attorneys do not deal in precise, literal, factual, technically correct and accurate language, which is why so many people get themselves in a bind and end up needing attorneys in the first place.That said, no need to beat a dead horse or bang heads -- we're both just trying to help someone out.All the best!

But, let's not shoot the horse we have to ride.

Not to beat a dead horse but it is quite common for a consumer that is not employed in the profession of foreclosing, acquisition of and disposition of foreclosed assets, to mix up industry vernacular and come up with their own conclusion of what it is that they did or want to do, mixing half truths and internet keyword searches on Google.

Airlines now allow "cats, dogs, and small horses"- no joke. 

What I've seen is that folks who change horses generally do worse than those who stay the course (in either direction).