What Forms To Use: Massachusetts

2 Replies

Hi All,

I was wondering what standard, state-specific forms should I use while wholesaling in MA ...

Is there a particular "Assignment of Contracts" form or would I just use "Contract to Purchase" and/or P+S differently?

I'm also keeping in mind, I need to AVOID double closing at all costs! I am upfront and honest with my buyers and sellers, and would like to avoid the complications anyway ... so I will ONLY stick to an assignment

Again, all I am trying to figure out is the correct forms to use and/or the method of execution with forms



Thanks Guys!

Originally posted by @Patrick Sullivan :

Hi All,

I was wondering what standard, state-specific forms should I use while wholesaling in MA ...

Is there a particular "Assignment of Contracts" form or would I just use "Contract to Purchase" and/or P+S differently?

I'm also keeping in mind, I need to AVOID double closing at all costs! I am upfront and honest with my buyers and sellers, and would like to avoid the complications anyway ... so I will ONLY stick to an assignment

Again, all I am trying to figure out is the correct forms to use and/or the method of execution with forms



Thanks Guys!

Check out @Justin Silverio 's Boston Investor blog.

Some of the goodies he has there for people are a purchase offer form and an assignment form that have been vetted by an MA attorney (Same one I use so I'm confident they are good forms). 

@Patrick Sullivan IMHO it's more important to have an Attorney draft the paperwork you need and review it once it's executed. Then the Attorney will have some skin ( her/his ***) in the game if anything goes wrong and you can retain them for a reasonable rate.

If you have any other paperwork, a first year Law Student should be able to rip it (and you) to shreds in Court, unless you have Legal training.