Rochester NY, Wholesale Contract

[Kevin Reik]

Looking for an assignable purchase agreement that other investors have used to contract an assign a wholesale deal successfully here in Rochester NY.

Thanks in advance for any reference or advice on the subject 

[Mark Updegraff]

Assignment of Contract

First Last  (“Original Buyer”) assigns to First Last (“New Buyer”) the Purchase Contract on ADDRESS between (Original Buyer) and First Last (“Seller”)

Dated: 8/3/15

The Contract is being assigned for the amount of $$$$ dollars. (“Assignment Fee”). Upon execution of this Assignment of Contract, New Buyer (Assignee) hereby agrees to pay Original Buyer (Assignor) nonrefundable Earnest Money in the amount of Five-hundred dollars ($500.00) and the balance of assignment fee to be paid at closing or same day as closing.

New Buyer accepts all rights, obligations, and responsibilities of Purchase Contract executed by Original Buyer and the Seller of said property.

New Buyer acknowledges that Earnest Money is nonrefundable except only under the following circumstances:

1. The Seller declines to sell any time before the expiration of Contract: and / or
2. The Title cannon be cleared for sale.

Original Buyer (Assignor)

New Buyer (Assignee)