Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

422
Posts
190
Votes
Mike Schorah
  • Rental Property Investor
190
Votes |
422
Posts

How do you renegotiate a wholesale deal?

Mike Schorah
  • Rental Property Investor
Posted

The seller has 8 heirs. 2 of them are underaged. The attorney says that they might need to go to court to get guardianship.

The closing date for the end buyer is on or before 2/15. The closing date for the seller is on or before 2/28.

How do I renegotiate this deal? Do I get the seller to sign an extension/addendum first or do I get the end buyer to sign an extension/addendum first?

For this particular situation (underaged heirs needing guardianship), how long does it usually take to go through court?

Loading replies...