Updated almost 9 years ago on . Most recent reply
Working with large wholesalers
I was looking at a deal of a wholesaler, and after negotiating the price, I wanted to send them an written offer. In their AS_IS contract for sale, they were listed as the seller, and they listed them self's as the escrow agents for the deposits. In addition I had to pay the title expenses, but they wanted to use their title company.
I'm used of transactions with state approved contracts, since I'm a real estate agent, and all these processes make me feel uncomfortable. This is a double closing deal but again it doesnt make any sense the way they have structured and use the contract.
Whats your opinion?