Wholesale And Buying Agreement
This form is provided ‘AS-IS’ without any warranty of any kind, expressed or implied, statutory or otherwise. Any use of this form is at your own risk.
While the information contained herein is designed to provide accurate and authoritative information in regard to the subject matter covered, it is offered with the understanding that the presenter(s) are not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert advice is required, the services of a competent professional should be sought.
Personal Note from AIG:
This is another version of the simple, 1-pager I use most often for deals I’m going to quick-flip/wholesale. I use it when dealing “belly to belly” with individual sellers, not banks or agents, who typically prefer something a little fuller and more formal. I like it for “mom and pop” sellers because it’s about as plain English, easy to understand and non-threatening as you can get.
It’s basically just a legal size version of the “WHOLESALE_BUYING_AGREEMENT_letter.doc” – which gives me room to add extra blank lines for any additional terms we may want/need to write in, and still keep everything on one side of a single page – which I like to do when possible.