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Updated almost 11 years ago on . Most recent reply

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Keith Ellis
  • Buy and Holder
  • Lake Stevens, WA
12
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Seattle wholesaleing

Keith Ellis
  • Buy and Holder
  • Lake Stevens, WA
Posted

Hi BP,

So am wondering as a new invester learning the ropes. How do I go about getting all the right leagal documents I need to complete deals an how to learn about them as well. 

Also as a wholesaler how do I know with direction areas to market in my area to finds great houses that buyers would like?. 

Most Popular Reply

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Ryland Taniguchi
  • San Francisco, CA
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Ryland Taniguchi
  • San Francisco, CA
Replied
The nwmls contracts have some changes going on now particularly on the financing contingency (22a). If you use nwmls contracts, you really to know what they say. For example, a seller needs to sign and submit a 22AR to the buyer when an financing contingency expires. The buyer has 3 days to sign the 22AR and if they don't the seller can terminate at any time. The nwmls is loaded with tons of other "realtor speak" stuff.

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