I want to whosale properties. I know what to do but I'm not really sure in how to do it. I know that you find a house and sell at low price and put it under contract.
What are other steps?
2007-03-31 08:44:52 · 2 answers · asked by dynomite_1998 2 in Business & Finance ➔ Renting & Real Estate
A valid contract has 3 elements, an offer, an acceptance of that offer and consideration. Some states have other conditions placed on real estate offers by statute so you should check your local laws. The simple answer is that you need a contract that you and the buyer sign. There are many contingencies that need to be covered in that document, however, and you sould use an attorney drafted form. They are usually available from realtors.
2007-03-31 09:00:45 · answer #1 · answered by Anonymous · 0⤊ 0⤋
It depends on wher you live.
Talk to a real estate lawyer, or a real estate agent.
2007-03-31 15:52:32 · answer #2 · answered by jcurrieii 7 · 0⤊ 0⤋