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Convert Novation Agreement to Excel

Convert Novation Agreement to Excel

Aug 6th, 2022

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How to Convert Novation Agreement to Excel

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In this video, Clint Coons discusses wholesaling in real estate, focusing on the differences between using a novation agreement and an assignment of contract. He explains that wholesalers enter into a purchase and sale agreement with a seller to secure a property, effectively tying it under contract. The wholesaler then seeks an investor to sell this contract for a fee. The key aspect is the agreements established between the wholesaler and the seller, as well as between the wholesaler and the investor who eventually purchases the property. Clint shares his firsthand experiences of using both methods in the wholesaling process.

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