1. What is a wholesale real estate deal?

A wholesale deal is when a property is contracted at a certain purchase price and that contract is assigned to an end buyer (you) for a fee. You purchase directly from the seller under the terms of the contract.

2. Do I buy the property from you or from the seller?

You are buying directly from the seller. We are the assignor of the purchase contract, transferring our rights and obligations to you most of the time. Sometimes we will double close instead of assigning our contract.

3. Do I need to pay an earnest money deposit (EMD)?

Yes. All our deals require a non‑refundable EMD to be deposited with the title company upon signing the assignment agreement/contract. Typically this will be between $5,000 and $20,000.

4. Can I inspect the property before committing?

We encourage due diligence before submitting an offer. Many deals have one investor inspection date/time for all interested buyers, and no further access will be allowed after that. PLEASE bring everyone you feel needs to see the property to the investor inspection as we do not gaurantee access to the property again until the contracted possesion date.

5. Are the property details 100% accurate?

All information provided is a courtesy. You, the buyer/assignee, must independently verify all details such as square footage, property condition, taxes, HOA fees, rental rates, ARV, repair estimates, etc.

6. What does “as‑is” mean?

The property is sold in its current condition. The seller will make no repairs, and no warranties or guarantees are provided. This more often than not will include personal property being left in the property you are buying- we will of course remind you of this too!

7. Can I finance the purchase?

You may use cash, hard money, as long as you can close by the stated closing date in the contract. We will not extend a closing on a Seller due to you having financing issues of any sorts.

8. What happens if I can’t close by the scheduled date?

Failure to close by the contracted date will result in forfeiting your EMD and in most cases a notice of default.

9. Are there closing costs?

Yes. Buyer is typically responsible for all closing costs unless otherwise specified. In double closings you will just pay one set of closing costs, not closing costs for both transactions. For every transaction there will be a $500.00 TC fee that will be paid by the Buyer.

10. How quickly do I need to decide?

Wholesale properties often move fast. If you are interested, act quickly and submit your offer before the Offers deadline which is 7PM MST the day of the investor insepction unless otherwise specified.

11. Can I assign or wholesale the deal again?

No. These contracts are non‑assignable to another party unless otherwise agreed in writing.

12. How do I submit an offer?

Use the Offer Submission Form provided on the property page. Complete all fields and acknowledge all required terms.

13. Can I get Conventional Financing?

We strongly prefer to cash or hard money buyers and they will be given priority. We will work with you if you plan to get conventional financing but additional fees and EMD may be required.

14. Can I send out your deals?

You are welcome to send out your deals, just please submit the end buyers information in the offer and how much you are expecting in compensation in the offer form.

15. I am a Realtor with Buyers, can I still get a comission?

Yes. We work with agents regularly and please just note how much comission is to be expected in the notes of the offer form when you submit your clients offer.