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Forums » Wholesaling » Inspection Contingency & Assignment Agree. Form

Inspection Contingency & Assignment Agree. Form Subscribe to Inspection Contingency & Assignment Agree. Form

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Tag Tags: wholesaling agreements contracts purchase-agreements


Anthony Garvey

Real Estate Investor · Andover, Minnesota


Forum_avatar_avatar-tony2233

Mar 17 '10, 11:21 AM

We are fairly new to wholesaling & am wondering about writing up a P.A. For the Inspection Contingency are sellers usually alright with 30 - 45 days to wait to have the contingency removed. That would be my timeframe for finding a buyer to assign it to.
Also where would I find an Assignment Agreement Form or do I even need to have one? Can I just write it up as me as the buyer & or assigns?

Any help on this would be greatly appreciated!

Thanks,
Tony

Edited: 06/26/2010 at 12:06PM


Justin S.

Rehabber · Chandler, Arizona


Forum_avatar_avatar-wheelhouse

Donor Pro

Mar 17 '10, 12:32 PM

Tony-

You can really do anything as long as the seller agree's to it. Do not write up a long inspection contingency with the only intent of using it to get out of a deal because you made bad offer. Its bad practice. Only make offers on deals you know can close.

Normal inspections are 10 days.

You can put "buyer" and/or assigns.

Edited: 06/26/2010 at 12:06PM

Small_wh_logo_full_1600_350_black_cJustin S., Wheelhouse Properties
E-Mail: wheelhouseproperties@gmail.com
Telephone: 4806780446
Website: http://www.wheelhouseproperties.com
Realtor, Re-modeler, Cash Buyer


Anthony Garvey

Real Estate Investor · Andover, Minnesota


Forum_avatar_avatar-tony2233

Mar 18 '10, 08:54 AM

Thank you Justin I appreciate the help!

Tony

Edited: 06/26/2010 at 12:07PM




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