All monies shall be given to the seller on the day escrow closes as defined in section II.SECURITY DEPOSITS: Security deposits, if any, shall be paid to the Buyer.

In section 5, the contract reads: "Transaction Fees: Student will pay Mentor a Transaction Fee in the amount of $5000.00 (Five Thousand Dollars) on each transaction (Property Purchase) entered into during the term of this agreement.

All monies shall be given to the seller on the day escrow closes as defined in section II.XVI.SECURITY DEPOSITS: Security deposits, if any, shall be paid to the Buyer.

And it traps your number while ringing 973-439-81xx is your number. :) BTW you just cost me 2.30 cents

I am always amazed at the person who thinks they have the next best mouse trap yet hasn't been a mouse or a trap...

@Ryan Johnston  Texas is one of the most forgiving on the wholesaling model. your fine.other states not so much.also Attorneys are not god.. they don't make the laws they argue them.. don't fall into the trap that they are perfect .. if the state disagrees you can tell who will win that battle unless you have 100's of thousands to fight it in front of administrative law judges.. but like our regulator said its like putting out little camp fires in a forest fire.some states are really starting to enforce these laws finally..

And we’ll address how to do that in section 2.Let’s jump back to the conventional separation for a moment.

Sell the house (and make a better purchase on the next property).Don't fall into the trap thinking that property always appreciates.

Some money is left trapped in the property.