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Updated over 6 years ago on . Most recent reply

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13
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Rob Toste
  • Tracy, CA
1
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13
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California Wholesaling Contract

Rob Toste
  • Tracy, CA
Posted

Hello all,

I was wondering where you all got your contracts for wholesaling (particularly in California). I recently spoke with my attorney and had him draft a contract, and he made it long and dense and not the most simple. I understand he wants to protect me but I don't think sellers would be too comfortable with it. I was looking for something that basically has clause that touch on me only being liable for my deposit if i do not execute, stating a due diligence period, clause stating that I am an investor and am not representing them in anyway ( i have my real estate license), a contingency stating that the title must come back clear in order to go forward with the deal,  and any and all other clauses that play in my favor given I need to back out. Any help is greatly appreciated. thank you.

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