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this question is honestly key you have to understand your contracts so for that were going to go over the purchase and sales agreement together this is what you send the homeowner once you agree on a price you can send it to them by mail you can send it electronically by email whatever the case may be so the first part is a date between sellers is just the sellers name a buyer is you so you would put your name or your llc the street address block and lot number you can get that from your county records website purchase price the price that you guys agreed on closing date usually around 30 days or 60 days title company you put the address and the name of it this is the most important part so this is what makes wholesaling risk free this part of the contract its basically saying that you have a due diligence time frame of 30 days you can put it at 60 days but you have a due diligence time frame of 30 days to market the property that way if you dont find a buyer guess what buyer issu