Updated about 6 years ago on . Most recent reply
Wholesaling contracts in North Carolina
Hi everyone my name is Matthew I'm new to biggerpockets I'ma rehabber and I'm trying to gather as much information on wholesaling contracts as possible. I'm in North Carolina now. I'm looking for the standard North Carolina purchase and assignment contract can anyone send it to me. Once I have the contracts filled out who do I take him to a title company any information would be helpful ?
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@Matthew Hill You would be better served to work with an attorney to create your own purchase contract and assignment contract. As an aside, the 2-T is by default non-assignable. You have to take an extra step to "override" the default language. And, the 2-T is a 13 page document. And, technically, you need to be a broker to use it. And, there is not an official NC Bar Association drafted Assignment contract. And, NC doesn't use title companies for closings. The attorney who helps to draft your purchase contract and assignment contract should be a real estate attorney who would also do your closings. That's my two cents.