Traditional wholesaling contracts let wholesalers walk away during inspection periods, leaving sellers vulnerable to foreclosure. One seller nearly lost his home this way. A different approach protected him by offering a safer alternative.
Chapters
More importantly, though, we were able to help that seller and save them from becoming another victim to traditional wholesaling. That seller was about to lose his home and get nothing. All the other traditional wholesaling offers have inspection periods so that they could cancel the contract if they couldn't sell the property in time. And that's because with traditional wholesaling, they don't actually know if they can sell the property and fulfill on their promises. The problem is that the sellers don't fully understand the risk they're taking when they say yes to an offer like that. And in many cases of traditional wholesaling, the wholesaler cancels the contract and the seller's left high and dry in a terrible situation they now can't get out of.