All Forum Posts by: Harlan Cox

 How much would you estimate the cost of an attorney to verify my "Purchase and Sales agreement" and "Assignment Contracts" ?

 Should I get my contract verified by an attorney for each and every state I am interested in wholesaling to as well?

Hello BP community. I am new to wholesaling homes in the Maryland area so at the moment I am trying to make sure I have all the proper information in order to complete a deal successfully. If I put a house under contract only to find out that there is no one willing to purchase the home, how would I back out of the wholesale deal. Is there certain text that needs to be in my contract? Is there costs for backing out of a wholesale deal? I am not aware of the specific text that needs to be in my contract that will enable me to leave a deal at any time.

I have recently started studying real estate and I am preparing myself to enter the world of wholesaling properties in the Maryland area and beyond. Before I start searching for my first deal I want to make sure my wholesale contract is in line so that I can avoid legal trouble. I live in MD and I am aware that there are many rules you must abide by in order to properly wholesale a home. My question is, who should I go to in order to make sure my Maryland "Purchase and Sale agreement" and "Assignment contract" are written properly in order for me to avoid any legal trouble?

 @Russel Thanks for the advice! But 30-100 pages in length? My purchase and sales agreement and assignment contract are both 1 page. Why would you need that many pages for said contracts?

@Russel Thanks for the advice! But 30-100 pages in length? My purchase and sales agreement and assignment contract are both 1 page. Why would you need that many pages for said contracts?

Hi BP community,

Does anyone have a Maryland Purchase and Sales Agreement and Assignment of Contract to use for wholesale deals that they would be willing to share? Any advice on obtaining these contracts would be greatly appreciated.