The Most Basic Question.

[Ray Agosto]

This is going to be the most basic question on BP I'm asking it for my need of my own answers not reading though forums if tho that's what I should be doing but I can't find the right answer that help explain it to me.

Question: With the whole buying process what are the full steps from signing the contract to assisning the contract from a wholesalers prospective? I wanna know who holds the earnest money ? Who needs what and what needs to be done by what time and so in.

[Mindy Jensen]

@Ray Agosto, I'm throwing another vote for what Jim said. It is supremely important that a disinterested third party holds the earnest money.

I would go so far as to say this should be a deal breaker if the seller refuses to budge. Something's wrong there.