Contracts? just got a verbal offer accepted!!!!

2 Replies

Hello all, 
Im a wholesaler from New York, I just got my first offer verbally accepted and I would like to know which contracts I need the seller to sign to confirm the deal and any other suggestions for next steps.

Thank you,

That doesn't mean anything at this stage. You should drive over to their house, get a purchase and sale agreement signed and binded. Do that right now or ASAP. Then once that happens, find a buyer at a set price that you think you can sell it for and either assign that purchase and sale or double close with your buyer.