Wholesaling Real Estate Guide

Summary

Wholesaling real estate in North Carolina requires understanding assignment contracts, licensing, and disclosure requirements. Generally, a real estate license is not needed, but local regulations should be checked. The process involves finding a property, contracting with the seller, drafting an assignment contract, finding a buyer, and closing the deal. Transparency about your role as a wholesaler is crucial.

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contract steps
Sure, here are the general steps for a wholesaling real estate contract in North Carolina:
*. Find a Property: Identify a property under market value.
*. Contract with Seller: Enter into a purchase agreement with the seller.
*. Assignment Contract: Draft an assignment contract to transfer rights to a buyer.
*. Find a Buyer: Locate a buyer interested in the property.
*. Close the Deal: Facilitate the closing process between the seller and the buyer.
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