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Author Topic: Help with Wholesaling please  (Read 2191 times)

Offline Godson

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Help with Wholesaling please
« on: June 02, 2005, 10:10:18 am »
Could someone tell is this pattern correct when doing a deal.

1. Go to the courthouse and look up homeowners who owe back taxes on there prperty.
2. Right down the there information.  Call them or send them a post card.
3.Homewoner call me, I go look at the house to inpect it.  Get some comps in the area from realtor or an appraiser.
4. Run a title search for liens
5. Make a offer and sign a Purchase to buy contract, with assigned aftyer my name  Example Troy wilson or assign Have a escape clause to protect me, like upon my partner approval..
6. Go to my buyer and have him sign a assignment contract.
7. Wait  until the deal close to pick up my check

Is alll that goes on?  Who pay Closing cost?  Do I add the closing cost  in?  Also since i am looking back taxes, would i be able to purchase the property from the owner with paying his back taxes?  If I missing something please advise.

 




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