Contract from a wholesaler

[Jim Hiler]

Dear BP,  

I am trying to buy a property from a wholesaler. He/she sent me a standard Florida FABAR contract which is between the seller and the wholesaler and then an assignment contract which then assigns the  contract over to me. On the assignment contract it states what the purchase price will be and the deposit.

My question is that the original contract between the seller and wholesaler has no purchase price, it only shows the requested deposit amount. Doesn't that make it an illegitimate contract? Is this standard? Should I be concerned with this? 

Wholesalers how do you normally assign your deals?

Any input is appreciated.

[John Thedford]

if they are not licensed and they did not own the property they are operating illegally whether there is a purchase price or not