How To Fill Out The Wholesale Option To Purchase | The Wholesalers Toolbox

What other documents need to be use when going this route? Is it just * assignment of the option or 1) purchase agreement 2)assignment contract 3) contract/agreement with Cash buyer ( person you are assigning the property to)

This contract doesn’t seem much different from the purchase and sale agreement in which you can sign to assign the contract. Would you use this with the purchase agreement? I’m trying to assign a contract because I don’t have the funds myself to buy a property. I’m having trouble understanding what makes this one different?

Excellent explanation David. Thank you for doing this!

Question if you read this. Can't the end-buyer go around you and get the seller to cancel the contract in this case? What would be the best way to protect yourself in an Option when dealing with Cash Buyers?

You say to verify with my state and title company that the contract meets my state's requirements and are legally binding. Specifically, how would I go about doing that? Would I have to check with an attorney? If so how much would that cost? Is there a low cost way of doing this?

Could it be possible to use this option agreement on pretty move in ready houses for sale? If a person was to use an option agreement with the seller of a pretty home, what would be the best exit strategy and to what type of buyer should one be targeting for this particular house?

So what do you do if you find a buyer ?