Here are 20 types of real estate wholesale contracts:
- Assignment of contract: A contract that allows a wholesaler to assign their interest in a purchase and sale agreement to another party, typically an investor.
- Option agreement: A contract that gives the wholesaler the option to purchase a property at a certain price within a specified time frame.
- Purchase and sale agreement: A contract that outlines the terms of the purchase and sale of a property between a buyer and seller, with the wholesaler acting as an intermediary.
- Joint venture agreement: A contract between a wholesaler and an investor that outlines the terms of a partnership on a real estate deal.
- Letter of intent: A non-binding document that outlines the intent of two or more parties to enter into a real estate transaction.
- Non-disclosure agreement: A contract that protects the confidentiality of sensitive information shared between the wholesaler and potential buyers or sellers.
- Marketing agreement: A contract between a wholesaler and a seller that outlines the terms of marketing the property to potential buyers.
- Finder’s fee agreement: A contract between a wholesaler and a buyer that outlines the terms of a finder’s fee paid to the wholesaler for identifying a property for sale.
- Lease option agreement: A contract that gives the tenant the option to purchase the property at a certain price within a specified time frame.
- Owner financing agreement: A contract between the seller and buyer that outlines the terms of financing the purchase of the property, with the wholesaler acting as an intermediary.
- Short sale agreement: A contract between a seller and lender that allows the property to be sold for less than the outstanding mortgage amount, with the wholesaler acting as an intermediary.
- Wrap-around mortgage agreement: A contract between the buyer and seller that includes the existing mortgage, with the wholesaler acting as an intermediary.
- Installment land contract agreement: A contract that allows the buyer to make payments to the seller for the purchase of the property over a period of time, with the wholesaler acting as an intermediary.
- Equity sharing agreement: A contract between a buyer and investor that allows the buyer to share the equity in the property with the investor.
- Power of attorney: A legal document that allows the wholesaler to act on behalf of the buyer or seller in a real estate transaction.
- Addendum to purchase agreement: A document that adds additional terms or provisions to a purchase and sale agreement.
- Amendment to purchase agreement: A document that changes the terms or provisions of a purchase and sale agreement.
- Bill of sale: A legal document that transfers ownership of personal property from one party to another.
- Quitclaim deed: A legal document that transfers ownership of real estate from one party to another, without guaranteeing clear title.
- Warranty deed: A legal document that transfers ownership of real estate from one party to another, with a guarantee of clear title.