The Leading Web Directory of Real Estate Investing Resources that will teach you how to Make Money by Investing in Real Estate.
The World's Largest Directory of Resources for Real Estate Investors
Home Courses Books Tapes Software Services Gurus

Re: Wholesale Deals Are Relative To Your Area!
Re: Re: Wholesale Deals Are Relative To Your Area! -- Michael F Post Reply Top of Thread Forum

Posted by: Scott Rister
10/22/2002, 20:53:28

Edit
Michael,

I absolutely disclose to the seller that this is a possibility on those deals that it's relative to. See, on some properties I'll get the seller is out the door and if I can save it from foreclosure then great so they are only looking for a few bucks and don't care to it after that.

On the other hand, there are sellers very keenly aware of what they are doing in deeding their property over to you. Even though I have all the disclosure documentation (CYA stuff) done whether I'm wholesaling the property or not....I just don't wholesale deals that the seller doesn't feel comfortable knowing that is a possibility. It just goes to yours and the sellers comfort level if you decide to or not, but not whether my legal documentation changes any.

Thanks,
Scott


Post Reply | Recommend | Alert Where am I? Original Message Top of Thread Current page


© 2001, 2002 The Real Estate Investing Depot