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Author Topic: ? QUICK QUESTION ?  (Read 1404 times)

Offline FALK

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? QUICK QUESTION ?
« on: November 01, 2009, 03:49:32 pm »
     Hi all-
Are "Terms" usually used in a wholesaling transaction?  If so, why would they be used and what are some examples of a typical wholesaling flip using terms?  :smile

Offline hassansr

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Re: ? QUICK QUESTION ?
« Reply #1 on: November 03, 2009, 07:58:46 am »
as long as both the end buyer and seller agree to it, you can write in whatever terms are needed to seal the deal.

terms:
subject to existing liens
owner financing with 6 month balloon
buyer can trade another item in for property or consideration

It all depends on the situation...
Hassan Omar
Shortsales & Wholesaling
www.shortsalehud-1.com

 




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