Posted by JPiper on January 23, 2000 at 11:17:08:
I use an addendum…but I change the addendum depending on the deal.
However, one clause I have in my addendum has to do with a contingency. The contingency I use is an inspection contingency (if I use it).
If I were wholesaling I would want a clause that permitted my entry to inspect, and to show possible tenants and/or buyers.
Another clause is one which limits my liability under the contract to the earnest money.
Those are just a couple of ideas. You might try buying a course, looking at the contracts, and perhaps including some of those clauses in your addendum…but not all…or you’ll scare everyone.