Time is a vital resource that each company treasures and attempts to convert in a advantage. When choosing document management application, pay attention to a clutterless and user-friendly interface that empowers consumers. DocHub offers cutting-edge features to optimize your file administration and transforms your PDF editing into a matter of one click. Delete Selected Option into the Novation Agreement with DocHub in order to save a ton of time and enhance your productiveness.
Make PDF editing an easy and intuitive process that will save you a lot of valuable time. Easily modify your documents and send them for signing without having adopting third-party software. Give attention to pertinent tasks and improve your file administration with DocHub right now.
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