Handling and executing paperwork can be monotonous, but it doesn’t have to be. No matter if you need help day-to-day or only occasionally, DocHub is here to supply your document-centered projects with an extra performance boost. Edit, leave notes, fill in, eSign, and collaborate on your Novation Agreement quickly and easily. You can alter text and images, create forms from scratch or pre-built templates, and add eSignatures. Due to our top-notch safety measures, all your information remains secure and encrypted.
DocHub provides a comprehensive set of tools to simplify your paper processes. You can use our solution on multiple devices to access your documents wherever and anytime. Streamline your editing experience and save time of handiwork with DocHub. Try it for free today!
Hey, whats up, guys. Its Clint Coons here. And in this video were going to talk about wholesaling and how you can use a novation agreement versus an assignment of contract Okay, lets get started. Okay. So heres the deal. When it comes to wholesaling, what are we doing? If youre a real estate investor here, youre basically entering into a purchase and sale agreement with a seller to buy a piece of property. So youre essentially tying that property up under contract. Now, a wholesaler then wants to take that contract to purchase this house and find an investor and sell them the contract for a fee. So then to convert the investor now over here can work with the seller to buy the property. Now, the mechanics of how this works is it really comes down to what type of agreements are we putting in place between ourselves if were a wholesaler and the seller, and then the agreement between myself and the investor who ultimately wants to buy the property Now, Ive done this both ways. So