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Updated over 7 years ago on . Most recent reply

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Joe Farrance
  • Cicero, NY
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Foreclosures in New York State

Joe Farrance
  • Cicero, NY
Posted

Hello

So I’m looking at 3 properties that I have seen that are in foreclosure. What I want to do is wholesale these properties to a rehaber. So these are my questions 

(1) Properties are listed with a real estate agent. Do I get the agent to sign the wholesaler participant agreement 

(2) Do I track down the owner and have him or her sign the agreement that has a set price that would include my fee? 

(3) Do I have the right to ask the agent to visit the property and get a better analysis as to what kind of rehab it would need

Thank You

Joe

  • Joe Farrance
  • Most Popular Reply

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    Replied

    I'm a real estate transactions attorney. I don't know that much about foreclosures unfortunately. However, I can put you in touch with a foreclosure attorney if you like. 

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